Which of the following is not a cost that normally needs to be estimated for revenue to be recognized?

Name: Which of the following is not a cost that normally needs to be estimated for revenue to be recognized?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cost of goods sold is a necessary cost to be recognized for revenue to be recognized, while bad debt expense, warranty expense, and cost of returns are all potential costs that need to be estimated for revenue recognition.

Which of the Following Is Not a Cost That Normally