Which of the Following Statements Is True Regarding Product and Period

question 129

Multiple Choice

Which of the following statements is true regarding product and period costs?

• A)Office salaries expense and factory maintenance are both product costs.
• B)Office rent is a product cost and supervisors' salaries expense is a period cost.
• C)Factory rent is a product cost and advertising expense is a period cost.
• D)Delivery expense is a product cost and indirect materials is a period cost.
• E)Sales commissions and indirect labor are both period costs.

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Definitions:

Resource Mobilization

The process of gathering and deploying both tangible and intangible resources (such as money, support, and information) to achieve specific organizational or social goals.

Collective Action

Activities undertaken by a group of people with the aim of achieving a common goal, often used in the context of social movements and protests.

Organizational

Pertaining to the structure and function of organizations, including their management, culture, and operational dynamics.

Solidarity Theories

Theories concerning the bonds that unite members of a society, focusing on shared values, interests, and goals.