Most changes in sales revenue have no effect on cost of goods sold.

Name: Most changes in sales revenue have no effect on cost of goods sold.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cost of goods sold (COGS) is directly related to sales revenue because it represents the direct costs attributable to the production of the goods sold by a company. Therefore, changes in sales revenue often lead to changes in COGS, as selling more or fewer products impacts the costs incurred in their production or purchase.

Most Changes in Sales Revenue Have No Effect on Cost