Which of the Following Is a Period Cost

question 16

Multiple Choice

Which of the following is a period cost?

• A) Labor costs.
• B) Freight in.
• C) Production costs.
• D) Selling costs.

Recognize regional variances in unionization rates and factors affecting them.

Identify historical periods of labor movement activity and their impacts.

Describe different types of union shops and their significance.

Understand strategies for unionizing workers and the challenges associated.

---

Definitions:

Preferred Stock

A class of ownership in a corporation with a fixed dividend, senior to common stock but junior to bonds in claim on assets and earnings.

Commercial Paper

Short-term unsecured promissory notes issued by companies to finance their short-term liabilities.

Bank Discount Yield

A measure of the annualized yield on a short-term, non-interest bearing security like a Treasury bill, calculated using the discount from face value and the time to maturity.

Securitization

The financial process of pooling various types of contractual debt, such as mortgages or loans, and selling them as consolidated financial instruments to investors.