Which of the Following Types of Costs Is NOT Included

question 11

Multiple Choice

Which of the following types of costs is NOT included in product cost?

• A)overhead
• B)direct materials
• C)variable selling expense
• D)fixed factory overhead

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Definitions:

Laws and Ethics

The legal rules and moral principles that govern the professional conduct of individuals within a particular field.

Legal Consultation

The act of seeking expertise or advice on legal matters from a qualified lawyer or law firm.

Ethical Values

The set of moral principles and standards that guide behavior in personal and professional contexts.

Utilization Review

A health care quality assurance activity that assesses the necessity, appropriateness, and efficiency of the use of health care services, procedures, and facilities.