07-19-2006, 06:02 AM
Q3
Both are almost same
Just as a convention cost of sales is used for services industry and cost of goods sold for goods industry.
no major difference..
this is as per my practical experience..
no one told me that..
as i did audit of call center and telecom industry, both use these terms. whereas goods industry use CoGS
Both are almost same
Just as a convention cost of sales is used for services industry and cost of goods sold for goods industry.
no major difference..
this is as per my practical experience..
no one told me that..
as i did audit of call center and telecom industry, both use these terms. whereas goods industry use CoGS
