rd.ccu.edu/webapps/assessment/take/launchjsp?course assessment id QUESTION 6 The amount of cost of goods available for sale during the year depends O beginning merchandise inventory, net cost of purchases, and ending O beginning merchandise inventory and cost of goods sold. beginning merchandise inventory, cost of goods sold, and ending m O beginning merchandise inventory and net cost of purchases. QUESTION 7 is related to both the nature of an item and its size. Neutrality O Materiality O verifiability Timeliness QUESTION 8 Which of the following is the most appropriate definition of accounting? O Electronic collection, organization, and communication of vast amount The interconnected network of subsystems necessary to operate a bus 0 A means of recording transactions and keeping records The measurement, processing, and communication of financial informa Click Save and Submit to save and submit. Click Save All Answers to save all