Costs That Are Used in Generating Revenues During the Current

question 111

Multiple Choice

Costs that are used in generating revenues during the current period, but are not involved in the manufacturing process are often referred to as:

• A) period costs
• B) conversion costs
• C) factory overhead costs
• D) product costs

---

Definitions:

Flash Memory

A type of non-volatile memory that holds data when the power is off.

Mounted

Refers to the status of a storage device when it is accessible to the operating system after being connected or inserted.

Operating System

The software that supports a computer's basic functions, such as scheduling tasks, executing applications, and controlling peripherals.

BIOS

Basic Input/Output System, a software stored on a small memory chip on the motherboard, responsible for booting the computer and managing data flow between the computer's operating system and attached devices.