Select the Appropriate Classification for Each of the Items Listed

question 59

Multiple Choice

Select the appropriate classification for each of the items listed below.
-Cost of conference for sales team

• A)Product cost
• B)Period cost

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Definitions:

Skilled Workers

Individuals who have acquired specialized skills, knowledge, and expertise through training or experience, often required for specific tasks or professions.

Repetitive Tasks

Tasks that are performed in the same manner, following a set pattern or sequence, with little variation.

Sociopolitical Issues

Topics that involve the interplay between society's political structures and the social norms, values, and issues affecting it.

Capitalism

An economic system based on private ownership of the means of production and their operation for profit, characterized by competitive markets, wage labor, and capital accumulation.