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True or False: The cost of goods sold is equal to the cost of merchandise sold plus the cost of goods held in inventory.
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Question
Asked 208 days ago|5/14/2024 4:18:00 AM
Updated 208 days ago|5/14/2024 4:47:37 AM
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MichellDonovan
[5/14/2024 4:47:37 AM]
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True or False: The cost of goods sold is equal to the cost of merchandise sold plus the cost of goods held in inventory.
Original conversation
User:
True or False: The cost of goods sold is equal to the cost of merchandise sold plus the cost of goods held in inventory.
Weegy:
Merchandise inventory is goods that have been acquired by a distributor, wholesaler, or retailer from suppliers, with the intent of selling the goods to third parties.
Score 1
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Question
Asked 208 days ago|5/14/2024 4:18:00 AM
Updated 208 days ago|5/14/2024 4:47:37 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by
MichellDonovan
[5/14/2024 4:47:37 AM]
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MichellDonovan
: The cost of goods sold is equal to the cost of merchandise sold plus the cost of goods held in inventory. FALSE.
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Added 208 days ago|5/14/2024 4:47:36 AM
This answer has been confirmed as correct and helpful.
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Questions asked by the same visitor
Why is quality assurance less effective than continuous quality improvement to provide a service product? a. QA is not less effective, both are beneficial to an organization b. CQI is easier to manage therefore gives better outcomes c. QA strives to maintain quality, which CQI looks for improved quality d. CQI is recommended by JCAHO
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Question
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Updated 209 days ago|5/13/2024 4:52:23 AM
1 Answer/Comment
3
MaryNjau
QA strives to maintain quality, while CQI looks for improved quality is why quality assuranceis less effective than continuous quality improvement to provide a service product.
Added 209 days ago|5/13/2024 4:52:23 AM
This answer has been confirmed as correct and helpful.
According to Hersey, Blanchard, and Johnson's leadership effectiveness model: a. There is no one best leadership style, instead the leader must be adaptable and flexible b. The leader must always be supportive by being friendly and showing concern for subordinates c. The leader must be achievement-oriented by setting challenging goals d. The leader must delegate to subordinates
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Updated 209 days ago|5/13/2024 4:51:22 AM
2 Answers/Comments
3
MaryNjau
According to Hersey, Blanchard, and Johnson's leadership effectiveness model: There is no one best leadership style, instead the leader must be adaptable and flexible.
Added 209 days ago|5/13/2024 4:50:44 AM
This answer has been confirmed as correct and helpful.
3
Ishm
According to Hersey, Blanchard, and Johnson's leadership effectiveness model: There is no one best leadership style, instead the leader must be adaptable and flexible
Added 209 days ago|5/13/2024 4:51:22 AM
This answer has been confirmed as correct and helpful.
The Strategic Management Process begins with analysis of: a. Vision, Mission, Values, and Objectives b. Strategic Direction c. Financial Status d. Competency of Management Staff
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Question
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Updated 209 days ago|5/13/2024 4:52:02 AM
1 Answer/Comment
3
Ishm
The Strategic Management Process begins with analysis of: Vision, Mission, Values, and Objectives
The Strategic Management Process begins with analysis of: a. Vision, Mission, Values, and Objectives b. Strategic Direction c. Financial Status d. Competency of Management Staff
Added 209 days ago|5/13/2024 4:52:02 AM
This answer has been confirmed as correct and helpful.
PDCA which stands for Plan-Do-Check-Act is a cycle model used in: a. Coordinating process improvement efforts b. Employee disciplinary procedures c. Joint Commission compliance d. Patient education for blood sugar self-monitoring
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Updated 209 days ago|5/13/2024 4:53:56 AM
3 Answers/Comments
3
Ishm
The PDCA (Plan-Do-Check-Act) cycle model is used in: a. Coordinating process improvement efforts
Added 209 days ago|5/13/2024 4:53:34 AM
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3
MaryNjau
PDCA which stands for Plan-Do-Check-Act is a cycle model used in: Coordinating process improvement efforts.
Added 209 days ago|5/13/2024 4:53:36 AM
This answer has been confirmed as correct and helpful.
3
Ishm
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Added 209 days ago|5/13/2024 4:53:56 AM
This answer has been added to the Weegy Knowledgebase
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Ishm
[5/13/2024 4:54:02 AM]
Interviewing or surveying customers to determine if quality expectations have been met is a management tool used to measure: a. Efficiency b. Effectiveness c. Appropriateness d. Adequacy
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Question
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Updated 209 days ago|5/13/2024 4:50:36 AM
1 Answer/Comment
3
Ishm
Interviewing or surveying customers to determine if quality expectations have been met is a management tool used to measure: Effectiveness
Added 209 days ago|5/13/2024 4:50:36 AM
This answer has been confirmed as correct and helpful.
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