Select the Appropriate Classification for Each of the Following Costs

question 2

Multiple Choice

Select the appropriate classification for each of the following costs.
-Advertising costs

• A)Period
• B)Product

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Definitions:

Output

The amount of products or services generated by a company, sector, or economic system within a specific time frame.

Housing Development

Planned construction projects that consist of multiple houses or apartments, designed to cater to specific or general housing needs.

Profit-Maximizing

A financial strategy or decision-making process aimed at achieving the highest possible profit from business operations.

Damages

Monetary compensation required to be paid by an individual or organization to another for loss or injury.