Examlex

Solved

An Example of a Prevention Cost Is

question 74

Multiple Choice

An example of a prevention cost is


Definitions:

Selling Expenses

Costs associated with the marketing and selling of products or services, including advertising and sales commissions.

Special Journals

Journals designed to be used for recording a single type of transaction.

General Journal

A bookkeeping ledger that records each transaction of a company in chronological order.

Revenue Journal

The journal in which all sales and services on account are recorded.

Related Questions