Depreciation Is Always Considered a Period Cost for External Financial

question 337

True/False

Depreciation is always considered a period cost for external financial reporting purposes in a manufacturing company.

---

Definitions:

Peristalsis

The sequential muscular contractions that move food along the digestive tract.

Pupil

The black circular opening in the center of the iris of the eye, which varies in size to regulate the amount of light reaching the retina.

"Goose Bumps"

"Goose bumps" occur when tiny muscles at the base of each hair, known as arrector pili muscles, contract and cause the hair to stand up, a reaction to cold or strong emotions.

Neuroglia

Supportive cells in the nervous system that do not conduct electrical impulses but are critical for the care and feeding of neurons.