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  3. Study Set
    Fundamental Managerial Accounting Concepts Study Set 1
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    Exam 11: Product Costing in Service and Manufacturing Entities
  5. Question
    Cost of Goods Sold Is Equal to the Cost of Goods
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Cost of Goods Sold Is Equal to the Cost of Goods

Question 13

Question 13

Multiple Choice

Cost of goods sold is equal to the cost of goods:


A) manufactured minus ending finished goods.
B) available for sale minus beginning finished goods.
C) available for sale minus ending finished goods.
D) manufactured minus beginning finished goods.

Correct Answer:

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