Which of the Following Are Period Costs

question 91

Multiple Choice

Which of the following are period costs?

• A) Current assets on the balance sheet
• B) Costs incurred and expensed during the accounting period
• C) Costs related to the manufacture of products
• D) Current liabilities on the balance sheet

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Definitions:

Germinal

Pertaining to the earliest stage of embryonic development.

Teratogens

Agents such as chemicals, viruses, and drugs, that can cause congenital abnormalities or developmental malformations in an embryo or fetus.

Lead Paint

A type of paint that contains lead, a toxic metal, which can cause serious health problems, especially in children if ingested or inhaled.

Fetus

A developing human from roughly eight weeks after conception to the moment of birth.