Which of the Following Is Not a Period Expense

question 90

Multiple Choice

Which of the following is not a period expense?

• A)salaries and commissions of the sales staff
• B)costs to produce catalogs
• C)marketing costs, such as advertising
• D)costs to produce sales literature
• E)direct labor

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Definitions:

Product Market

A market in which products are sold by firms and bought by households.

Tax Revenue

The income that is gained by governments through taxation.

Public Sector

The part of the economy composed of government services and institutions, funded and operated by the government.

Domestic Output

Domestic output, also known as gross domestic product (GDP), is the total value of all goods and services produced within a country's borders in a specific time period.