Which of the Following Is NOT a Period Cost

question 154

Multiple Choice

Which of the following is NOT a period cost?

• A) Depreciation of factory maintenance equipment.
• B) Salary of a clerk who handles customer billing.
• C) Insurance on a company showroom where customers can view new products.
• D) Cost of a seminar concerning tax law updates that was attended by the company's controller.

---

Definitions:

Tertiary Deviance

Redefining the stigma associated with a deviant label as a positive phenomenon.

W. I. Thomas

An influential sociologist known for the Thomas theorem which states "If men define situations as real, they are real in their consequences," highlighting the subjective nature of reality in social contexts.

Conflict Theorist

A sociologist or academic who explores how societal conflicts, often stemming from inequality and power disparities, contribute to social change and the structure of society.

Agricultural Product

Goods produced through farming and agriculture, including crops, livestock, and other raw materials derived from plants and animals.