Costs That Are Expensed When Incurred Are Called

question 77

Multiple Choice

Costs that are expensed when incurred are called:

• A) product costs.
• B) direct costs.
• C) inventoriable costs.
• D) period costs.
• E) indirect costs.

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Definitions:

Easygoing

Characterized by a relaxed, calm, and not easily upset or disturbed temperament.

Hostile

Showing or feeling opposition or dislike; aggressive.

Type A

A behavior pattern characterized by competitiveness, urgency, aggression, and impatience, which is associated with stress and heart disease.

Type B

refers to a personality type characterized by less competitive, more relaxed, and less easily stressed attitudes than Type A.