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February 2019

Method of inventory recording gives lower cost of goods sold in income statement is classified as______________?

Method of inventory recording gives lower cost of goods sold in income statement is classified as______________?

A. Last in first out
B. Last out receivable
C. First out receivable
D. First in first out

Method of inventory recording gives lower cost of goods sold in income statement is classified as______________? Read More »

Finance Mcqs, Financial Management Mcqs

An income available for shareholders after deducting expenses and taxes from revenues is classified as______________?

An income available for holders after deducting expenses and taxes from revenues is classified as______________?

A. Net income
B. Net earnings
C. Net expenses
D. Net revenues

An income available for shareholders after deducting expenses and taxes from revenues is classified as______________? Read More »

Finance Mcqs, Financial Management Mcqs