Costs That Flow Directly to the Income Statement as Expenses

question 137

Multiple Choice

Costs that flow directly to the income statement as expenses are called:

• A)Period costs.
• B)Product costs.
• C)General costs.
• D)Balance sheet costs.
• E)Capitalized costs.

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Definitions:

Interneurons

Neurons within the brain and spinal cord that communicate internally and intervene between the sensory inputs and motor outputs.

Motor Neurons

Neurons that carry outgoing information from the brain and spinal cord to the muscles and glands.

Endorphins

Natural, pain-relieving chemicals produced by the body that also promote feelings of pleasure and well-being.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for 'fight or flight' responses during perceived threats.