Which of the Following Costs Are Included in the "For

question 50

Multiple Choice

Which of the following costs are included in the "for cost accounting purposes" classification?

• A) Variable cost and fixed cost.
• B) Direct cost and indirect cost.
• C) Product cost and period cost.
• D)Committed cost and discretionary cost.

---

Definitions:

Life

The condition that distinguishes animals and plants from inorganic matter, including the capacity for growth, reproduction, functional activity, and continual change preceding death.

Circulatory System

The body system that circulates blood throughout the body, delivers nutrients and oxygen to cells, and removes waste products, encompassing the heart, blood vessels, and blood.

Polar Bears

Polar bears are large, carnivorous bears found primarily in the Arctic region, well adapted to cold temperatures with their thick fur and fat layers.

Organ System

In multicelled organisms, set of interacting organs that carry out a particular body function.