What are any expenses directly involved in producing or selling a good or service during a given time period called?
A)Inventory expense
B)Work-in-progress expenses
C)Cost of goods sold
D)Depreciation
E)Sales expense

Question

Quizplus · Accepted Answer

Cost of goods sold (COGS) refers to the direct expenses involved in producing or selling a good or service during a given time period.

What Are Any Expenses Directly Involved in Producing or Selling