Which account is least apt to vary directly with sales?
A)Notes payable
B)Inventory
C)Cost of goods sold
D)Accounts payable
E)Accounts receivable

Question

Quizplus · Accepted Answer

Notes payable is least apt to vary directly with sales because it is typically related to long-term financing or loans that do not fluctuate directly with sales volume, unlike inventory, cost of goods sold, accounts payable, and accounts receivable, which are more directly tied to the level of sales activity.

Which Account Is Least Apt to Vary Directly with Sales