If the finished goods inventory increases between the beginning and

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Posted by:
Moataz Ali Sobhi
03-April-2015

the end of a

period, then the cost of goods manufactured is smaller than the cost of goods sold. True or False ?

Accounting Auditing CMA

Question added by Deleted user
Date Posted: 2015/04/03

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3 Answers

Muhammad Ramzan Tufail ACCA

by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

False.

Can be explain on demand.

Thank you....

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by Syed Muntazir , Accountant , AL BARAKAH DATES FACTORY LLC

Correct answer is option b ie False

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Ahmed Abdi Mahad

by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

The answer for this question is choice B, False

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