Select the Appropriate Classification of the Items Listed Below

question 45

Multiple Choice

Select the appropriate classification of the items listed below.
-Cost of shipping goods to customers

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

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Definitions:

Yield Curve

A graph showing the relationship between bond yields and their maturities, indicating the differences in yield over various durations.

Positive Slope

In a graph, a line that goes up to the right, indicating a positive relationship or increase between two variables.

Liquidity Preference Theory

A theory that suggests interest rates are determined by the supply and demand for money, with people preferring liquidity over committing to long-term investments.

Upward Sloping

A term that describes a line or curve on a graph that shows an increase in a variable in relation to another variable as you move from left to right.