In Regard to Selling Activities, Which One of the Following

question 19

Multiple Choice

In regard to selling activities, which one of the following would be a cost driver for selling expense?

• A)Number of invoices.
• B)Number of sales calls.
• C)Number of production runs.
• D)Number of shipments.
• E)All of the above.

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Definitions:

Property, Plant, and Equipment

Tangible long-term assets owned by a business, used in the production or supply of goods and services, such as buildings, machinery, and vehicles.

Accumulated Depreciation

It represents the total amount of depreciation expense that has been recorded for an asset over its life.

Intangible Assets

Non-physical assets owned by a business, such as patents, trademarks, and copyrights.

Physical Substance

The tangible aspect of assets, implying that they have a real, palpable presence.