Which of the Following Statements Is True About Period Costs

question 75

Multiple Choice

Which of the following statements is true about period costs?

• A)Most period costs are expensed in the period the costs are incurred.
• B)Period costs are expensed when the products associated with these costs are sold.
• C)Period costs are usually recorded as assets.
• D)Period costs do not adhere to the matching principle.

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