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    Managerial Accounting
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    Exam 2: Basic Managerial Accounting Concepts
  5. Question
    Select the Appropriate Item for Each of the Definitions Listed
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Select the Appropriate Item for Each of the Definitions Listed

Question 176

Question 176

Multiple Choice

Select the appropriate item for each of the definitions listed below.
-sales revenue − cost of goods sold


A) gross margin
B) selling expenses
C) sales revenue
D) cost of goods sold
E) operating income

Correct Answer:

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