Worldatwork Exam c8 Topic 1 Question 83 Discussion

Actual exam question for Worldatwork's c8 exam

Question #: 83
Topic #: 1

[All c8 Questions]

Gross margin is which of the following, as percent of revenue?

ARevenue minus cost of goods sold

BExpenses plus taxes and depreciation

CGross profit minus expenses

DCost of goods sold

Show Suggested Answer

Suggested Answer: A

by Deonna at Sep 13, 2024, 03:05 AM

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Quentin

2 months ago

Gross margin? More like 'gross' mistake if you get this wrong. A all the way!

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Elbert

1 months ago

I agree, A is the correct answer for gross margin.

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Penney

1 months ago

Definitely A! Gross margin is revenue minus cost of goods sold.

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Lenita

2 months ago

A) Revenue minus cost of goods sold

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Hermila

2 months ago

B? Really? That's just a random combination of terms. Come on, people!

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Raina

29 days ago

D) Cost of goods sold

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Dierdre

30 days ago

C) Gross profit minus expenses

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Veronika

1 months ago

B) Expenses plus taxes and depreciation

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Eulah

1 months ago

A) Revenue minus cost of goods sold

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Hermila

3 months ago

I'm not sure. I think it might be C) Gross profit minus expenses. Can someone explain why it's A)?

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Dean

3 months ago

Hmm, I think it's C. Gotta remember that gross profit minus expenses is the gross margin.

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Xochitl

3 months ago

I agree with Tamar. Gross margin is indeed revenue minus cost of goods sold.

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Bonita

3 months ago

I'm pretty sure it's D, cost of goods sold. Who doesn't know that?

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Verlene

2 months ago

Let's double check, I believe it's A) Revenue minus cost of goods sold.

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Andrew

2 months ago

I agree with you, it's definitely not D) Cost of goods sold.

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Brunilda

2 months ago

No, I'm pretty sure it's C) Gross profit minus expenses.

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Colette

2 months ago

I think it's actually A) Revenue minus cost of goods sold.

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Niesha

3 months ago

A is the correct answer, it's basic accounting knowledge!

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Beckie

2 months ago

Yes, gross margin is calculated as revenue minus cost of goods sold.

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Aleisha

3 months ago

I agree, A) Revenue minus cost of goods sold is the correct answer.

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Tamar

3 months ago

I think the answer is A) Revenue minus cost of goods sold.

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