Which of the Following Is True About Product and Period

question 5

Multiple Choice

Which of the following is true about product and period costs?

• A)Product costs are usually manufacturing costs,and period costs are usually nonmanufacturing costs.
• B)Product costs are usually nonmanufacturing costs,and period costs are usually manufacturing costs.
• C)Both product and period costs are usually manufacturing costs.
• D)Both product and period costs are usually nonmanufacturing costs.

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Definitions:

Rationalizing Inconsistency

The mental process of making illogical or inconsistent elements seem logical or consistent as a way to justify actions or beliefs.

Beliefs

Mental acceptance or conviction in the truth or actuality of something, often without complete proof.

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Antecedent-Focused Strategy

involves dealing with potential stressors or emotional responses before they occur, as a means of regulating emotions effectively.