Which of the Following Costs Is Not Considered to Be

question 51

Multiple Choice

Which of the following costs is not considered to be a period cost?

• A) Warehousing costs
• B) Depreciation of delivery vehicles
• C) Salaries paid to company executives
• D) Freight paid on a purchase of raw materials

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Definitions:

Majority Rule

A decision-making rule in which the option that receives more than half of the votes is chosen.

Assignee

An individual or entity to whom rights or interests have been transferred by another, known as the assignor.

Assignment

The process of moving rights, ownership, or duties from one entity to another.

Speelman V. Pascal

A landmark legal case that dealt with copyright infringement and the assignment of copyrights, setting precedents in intellectual property law.