Which of the Following Are Period Costs

question 81

Multiple Choice

Which of the following are period costs?

• A) Raw materials
• B) Direct materials and direct labor
• C) Direct labor and manufacturing overhead
• D) Selling expenses

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Definitions:

Descriptive Theory

A theory that explains how something works or describes the characteristics and behaviors of phenomena without making predictions.

Trait Approach

A leadership theory that suggests certain characteristics or personality traits are inherent in effective leaders and that these traits can be identified and developed.

Natural Leaders

Individuals who naturally possess leadership qualities and abilities, often emerging as leaders without formal authority.

Self-Managed Groups

Teams that operate autonomously, organizing their own tasks and making decisions collectively without traditional management structures.