Which of the following records includes the cost of goods sold?
A) cash flow statement
B) operating expense report
C) income statement
D) balance sheet

Name: Which of the following records includes the cost of goods sold? A) cash flow statement B) operating expense report C) income statement D) balance sheet
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Question

Quizplus · Accepted Answer

The income statement includes the cost of goods sold as it reflects the expenses directly associated with the production of goods sold by a company.

Which of the Following Records Includes the Cost of Goods