Which of the Following Is an Example of a Period

question 7

Multiple Choice

Which of the following is an example of a period cost?

• A) Indirect materials
• B) Property rates for the factory
• C) Depreciation on factory equipment
• D) Advertising expense

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Definitions:

Organizational Response

The way an organization reacts to internal or external stimuli, challenges, or opportunities.

Technology Leader

An individual or organization pioneering in the development, utilization, and application of new technologies, setting trends in the industry.

Management By Objectives (MBO)

A management strategy where objectives are defined so that employees understand what they need to achieve.

Type Of Uncertainty

Refers to different situations in which the probability of outcomes or future events is unknown, common in business and economics.