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Which of the following would NOT be considered as a component...

This question belongs to Commerce Accounting
Accounting
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Which of the following would NOT be considered as a component of 'cost' of stock?

Answer & Solution
Correct Answer: Option C
Salaries of selling staff would NOT be considered as a component of 'cost' of stock. When investors purchase shares of stock, the price paid includes two components: the price of the stock and the fee charged by the brokerage firm, called commission.
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