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Consulting Case Interview Practice Questions

Category - Strategy

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True or false: Cost-of-Goods-Sold (COGS) is defined as the costs that go into creating the products or services that a company sells.

True
False

Explanation

Answer: True. The part that sometimes gets people is that COGS can apply to services as well. Labor costs can also be included in COGS.

Key Takeaway: Review all your general accounting principles prior to an interview.

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Consulting Case Interview Practice Questions

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Consulting Case Interview Practice Questions

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