Which of the Following Is Not a Product Cost

question 26

Multiple Choice

Which of the following is not a product cost?

• A) factory electricity.
• B) wages of factory workers.
• C) advertising of a new product.
• D) material used in production.

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Definitions:

Cooling-Off Rule

A Federal Trade Commission rule under which sales of consumer goods or services over $25 made away from the seller’s regular place of business may be canceled within three business days after the sale occurs.

Entered Completely

A term that implies that data or information has been fully inputted into a system or document without omissions.

Risk-Adaptability Analysis

An assessment method used to evaluate the flexibility and responsiveness of a system, organization, or project to potential risks.

Social Consensus

An agreed-upon understanding among members of a society on various issues and norms.