Select the Appropriate Classification of the Items Listed Below

question 147

Multiple Choice

Select the appropriate classification of the items listed below.
-Glue used in the manufacture of furniture

• A)selling expense
• B)administrative expense
• C)direct materials
• D)direct labor
• E)overhead

---

Definitions:

Negotiable Instrument

A financial document providing assurance for the payment of a given amount of money, either to be paid on demand or at an agreed time, with the document containing the name of the payee.

Writing Requirement

A legal condition under certain laws requiring certain contracts to be in writing to be enforceable.

Order Instrument

A financial document that is payable to a specific person or entity, as named or endorsed on the instrument.

Specific Payee

A person or entity named in a negotiable instrument to whom or to whose order the money is directed to be paid.