Period Cost Is Also Called

question 159

Multiple Choice

Period cost is also called

• A)variable cost.
• B)direct cost.
• C)value-adding cost.
• D)noninventoriable cost.

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Definitions:

Conversion

The unauthorized act of taking someone's property and converting it to one's own use, leading to a civil wrong or tort.

Deceit

An intentional misrepresentation or concealment of a material fact made to induce another to act to their detriment.

Private Nuisance

A disturbance or interference with an individual's enjoyment or use of their property, without any trespassing occurring.

Injunction

A legal order by a court that requires a party to do, or refrain from doing, certain acts.