Each of the Following Items Pertains to One of These

question 135

Short Answer

Each of the following items pertains to one of these companies: Bedell Electronics (a manufacturing company), Gregory Food Retailers (a merchandising company), and Larson Real Estate (a service sector company).Match each item with either an inventoriable cost or a period cost.
A)inventoriable
B)period
-purchase of frozen food for sale to customers by Gregory Food Retailers

• A)inventoriable
• B)period
• -purchase of frozen food for sale to customers by Gregory Food Retailers

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Definitions:

Quantity

A characteristic that describes the numerical aspect of something, including size, amount, or number.

Categorical Proposition

A statement that asserts or denies something about a category or class of objects, typically structured with a subject, predicate, and a linking verb.

Quality of Proposition

Refers to the attribute of a logical statement that classifies it as affirmative or negative, depending on whether it affirms or denies something.

Quantity

A property that can exist as a magnitude or multitude, often measurable and used in mathematics and science.