"Inspired by Threads-A Fashion Challenge" Is a ________ Run Each

question 188

Multiple Choice

"Inspired by Threads-A Fashion Challenge" is a ________ run each year by Threads magazine, which is targeted toward professional clothiers and seamstresses. The idea is to design and sew a garment and send the entry into Threads to compete with others for prizes such as sewing machines and cash.

• A) premium
• B) sweepstakes
• C) contest
• D) deal
• E) end-run sample

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Definitions:

Expense Accounts

Expense accounts are ledger accounts that track the costs incurred by an organization during its operations.

Cost Accounting Systems

Systems used by businesses to record, measure, and report on costs associated with their operations, to aid in budgeting and performance evaluation.

Production Costs

The cumulative costs involved in creating a product, including labor, materials, and overhead expenses.

Period Costs

Expenses that are not directly tied to the production process and are charged to expense in the period they are incurred, such as selling and administrative expenses.