CGS meaning in Accounts and Finance ?

Answer:

What is Cost of Goods Sold mean?

Cost of goods sold (COGS) is the carrying value of goods sold during a particular period.

Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost. Costs include all costs of purchase, costs of conversion and other costs that are incurred in bringing the inventories to their present location and condition. Costs of goods made by the businesses include material, labor, and allocated overhead. The costs of those goods which are not yet sold are deferred as costs of inventory until the inventory is sold or written down in value.

reference

Full Form	Category
Council of Graduate Students	Academic & Science
Carolina Geological Society	Academic & Science
Société canadienne de géotechnique	Academic & Science
Canadian Geotechnical Society	Academic & Science
China Geophysical Society	Academic & Science
中国地球物理学会	Academic & Science
Zhōngguó Dìquíwùlǐ Xuéhuì	Academic & Science
Česká Geografická Společnost	Academic & Science
Czech Geographical Society	Academic & Science
California Genealogical Society	Academic & Science
Comparative Gastroenterology Society	Academic & Science
Center for Gender Studies	Academic & Science
Crafts Games and SCIENCE	Academic & Science
Credit Gain Services	Accounts and Finance
Cost of Goods Sold	Accounts and Finance
College Park (md)	Airport Code
CEC Resources, LTD.	Business
Chris Graham Software	Business
Core Graphics Services	Business
Computer Generated Solutions, Inc.	Business
Castings	Business
Cogstate Ltd	Business
Crescent Girls School	Community
Costeas Geitonas School	Community
Common Ground Sanctuary	Community
Citizens for Global Solutions	Community
Canberra Grammar School	Community
Camberwell Grammar School	Community
Commonwealth Governor's School	Community
Color Graphics System	Computer Hardware
Championship Gaming Series	Computing
Corel Graphics Suite	Computing
Computer Graphics Society	Computing
Cim Based Grid Schema	Computing
Compressed Graphics Streaming	Computing
Computer Gaming Service	Computing
Cloud Gaming Service	Computing
Cloud Gaming System	Computing
Character Generators	Computing
Computer Generated Solutions	Computing
China Glassware Silverware	Country Specific
Cougar	Cryptocurrency
Crypto Gladiator Shards	Cryptocurrency
Committee On Geological Sciences	Earth Science
College of General Studies	Educational Institute
Centimeters Grams and Seconds	General
Centimeter Gram and Second	General
Centimetre Gram Second	General
China Geological Survey	General
Continuous Grain Silicon	General
Customer Grid Supply	General
Creative Graphic Services	General
Credibility Guarantee Schedule	General
Chris Georges Sales	General
Core Graphics System	General
Chris George Sales	General
Clyde Green Springs	General
CUSIP Global Services	General
Crypted Group Share	General
Clutchless Gear System	General
Coupe Grand Sport	General
Citroen Grande Serie	General
Corvette Grand Sport	General
Coussins Gonflables de Securite	General
Cougar Gs	General
Charlotte Gaming Society	General
Clay Guardian Shield	General
Come Get Some	General
California Geological Survey	General
Comtel Global Services	General
Contemporary Guidance Services	General
California Geographical Society	Geography
Council of Graduate Schools	Governmental
Canadian Geodetic Survey	Governmental
Center for Governmental Studies	Governmental
Center for Government Studies	Governmental
Colecţia liceului German din Sighişoara	International
Conjugate Gradient Squared	Maths
Centimetre-gram-second [cf. Fps and Mks]	Measurement Unit
Centimeter Gram Second	Measurement Unit
Clinical Guidelines Subcommittee	Medical
Catgut Suture	Medical
Conus (continental United States) Ground Station	Military and Defence
Chief of General Staff (canada)	Military and Defence
Chief of General Staff (british Army)	Military and Defence
Common Ground Station	Military and Defence
Canadian Government Ship	Military and Defence
Centimetre-gram-second [cf. Mks and Fps]	Physics Related
College Park Airport, College Park, Maryland USA	Regional