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Cost of goods sold (COGS) and cost of sales are generally used interchangeably in accounting and business. Both terms refer to the direct costs associated with producing or acquiring the goods or services that a company sells.

Here's a more detailed explanation:

Cost of Goods Sold (COGS):
This term is often used in manufacturing businesses to represent the direct costs of producing goods, including raw materials, direct labor, and manufacturing overhead.

Cost of Sales:
This term is more commonly used in retail or service-oriented businesses, encompassing the direct costs of acquiring and selling goods or services, which can include raw materials, direct labor, and other costs directly related to the sale.
While the terms are often used interchangeably, the subtle difference lies in the context of the business. COGS is typically used in manufacturing settings, while cost of sales is more common in retail or service industries. However, both terms ultimately represent the direct costs associated with generating revenue.