When the entire output is sold in an accounting year, the the value of output is equal to
When the entire output is sold in an accounting year, the the value of output is equal to

Q. When the entire output is sold in an accounting year, the the value of output is equal to:

  1. Sales + Change in Stock
  2. Sales
  3. Sales – Change in the stock
  4. None of these

Answer: Sales
national income mcqs
Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page