Which of the Following Statements Is True Regarding Product and Period

question 129

Multiple Choice

Which of the following statements is true regarding product and period costs?

• A)Office salaries expense and factory maintenance are both product costs.
• B)Office rent is a product cost and supervisors' salaries expense is a period cost.
• C)Factory rent is a product cost and advertising expense is a period cost.
• D)Delivery expense is a product cost and indirect materials is a period cost.
• E)Sales commissions and indirect labor are both period costs.

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Definitions:

Experienced Meaningfulness

The feeling or belief that one's work is worthwhile or valuable, contributing to a sense of purpose or fulfillment.

Core Job Characteristic

Fundamental aspects of a job that affect an individual’s motivation, satisfaction, and performance, such as skill variety and task significance.

Skill Variety

The degree to which a job requires a range of different skills and talents.

Job Enlargement

The process of increasing the range and variety of tasks that an employee performs in a job to enhance job satisfaction and productivity.