It is not necessary to prepare the Cost of Goods Manufactured statement prior to preparing the Cost of Goods Sold statement.

Name: It is not necessary to prepare the Cost of Goods Manufactured statement prior to preparing the Cost of Goods Sold statement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Cost of Goods Sold statement requires information from the Cost of Goods Manufactured statement, so it is necessary to prepare the Cost of Goods Manufactured statement first.

It Is Not Necessary to Prepare the Cost of Goods