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Which of the Following Is Considered a Period Cost in Absorption

question 20

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Which of the following is considered a period cost in absorption costing?


Definitions:

Entrepreneurship

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.

Use Of Money

The various purposes for which money is used in an economy, including spending, saving, and investing.

Interest Rates

The percentage charged on borrowed money or paid on savings, essentially the cost of borrowing or the reward for saving.

Annually

Occurring every year or pertaining to a period of one year.

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