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:

Stock Returns

The returns a shareholder earns on their investment, including both price appreciation and dividends.

Earnings Announcement Date

The specified day on which a company publicly releases its financial performance results for a given period.

IASB

International Accounting Standards Board; the organization responsible for developing and publishing the International Financial Reporting Standards (IFRS).

FASB

The Financial Accounting Standards Board, an organization responsible for establishing financial accounting and reporting standards in the U.S.