Which of the Following Is $\textbf{ not }$

question 153

Multiple Choice

Which of the following is $\textbf{ not }$ classified as a period cost?

• A)The cost of toner for the sales department laser printer
• B)The salary for the president of the company
• C)The cost of utilities for the factory building
• D)All of the ans choices are classified as period costs.

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Definitions:

Creditors

Individuals or entities to whom money is owed by debtors.

Reorganize

The process of restructuring a company's business or financial affairs, often to recover from financial distress.

Unpaid Alimony

Financial support that one spouse is legally obligated to provide to the other after divorce or separation but has not been paid.

Repossess

The act of taking back possession of property by a seller or lender from the buyer or borrower, typically due to failure to meet payment or other terms.