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Mitigation depends on the ability to detect and respond to an attack as quickly as possible ._________________________
Period Cost
Costs that are expensed in the accounting period in which they are incurred, not directly tied to the production process.
Product Costs
All costs involved in acquiring or manufacturing a product, including raw materials, labor, and overhead, up to the point of sale.
Period Costs
Expenses that are not directly tied to production, such as administrative and selling expenses, which are expensed in the period they are incurred.
Variable Costs
Expenses that change directly in proportion to changes in business activity levels or volumes.
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