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Commonly arrived at via the formula: opening stock + stock purchased - closing stock.?

a) Cost of Goods Sold (COGS)

b) Cost of debts (COD)

c) Cost of Sales (COS)

d) Cost of Inventory

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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/14
Hossam Mohamed
by Hossam Mohamed , Senior Accountant , Allied Arab Assurance Brokerage

My answer is cost of sales (COS).

Arsalaan Ibrahim
by Arsalaan Ibrahim , Regional Manager , Faysal Bank

The answer is Cost of goods sold (COGS)

 

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