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:

Nerve Tissue

A specialized tissue found in the nervous system, consisting of neurons and glial cells, that processes and transmits information through electrical and chemical signals.

Epithelial Tissue

The layer of cells covering the body surfaces, lining the body cavities, and forming the major part of glands, serving protective, secretion, and absorption functions.

Connective Tissue

Tissue that supports, binds together, and protects tissues and organs of the body.

Primary Dysmenorrhea

Painful menstrual cramps that originate in the uterus and occur in the absence of other diseases.