Which of the Following Is NOT an Example of a Difference

question 142

Multiple Choice

Which of the following is NOT an example of a difference between the income statement of a service organization and the income statement of a manufacturing organization?

• A)A service company will never have work in process.
• B)The service company will not have a finished goods inventory.
• C)Fulfillment costs may be added to cost of goods sold of a service company.
• D)Research and development expenses are not usually a major component of a service organization.

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Definitions:

Matched

Paired or coupled based on similar characteristics or criteria.

Financial Markets

Financial Markets are platforms where buyers and sellers engage in the trade of financial securities like stocks and bonds, derivatives, and commodities, facilitating funds' allocation, risk management, and price discovery.