Which of the Following Is NOT a Period Cost

question 154

Multiple Choice

Which of the following is NOT a period cost?

• A) Depreciation of factory maintenance equipment.
• B) Salary of a clerk who handles customer billing.
• C) Insurance on a company showroom where customers can view new products.
• D) Cost of a seminar concerning tax law updates that was attended by the company's controller.

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Definitions:

Choke

To experience a sudden failure under pressure, often in a context where success was expected or required.

College Cafeteria

A dining establishment located within a college or university where students, staff, and sometimes the public can purchase and eat meals.

Fear

An unpleasant emotion caused by the belief that someone or something is dangerous, likely to cause pain, or a threat.

Persuading

The process of convincing someone to do or believe something through reasoning or the use of emotion.