Accountancy, asked by teehkay42, 3 months ago

Period costs are all those expenses which are easily traceable in a product.

a) True

b) False


can anyone please help me to choose the correct option? need it urgently right now ​

Answers

Answered by sidratul1
0

Answer:

Option b - False

Explanation:

Period costs are all costs not included in product costs. Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. Therefore, period costs are listed as an expense in the accounting period in which they occurred.

\dag{\boxed {\underline{\sf{\underline\orange{hope \: it \: helps \: u }}}}}\\\\\dag{\boxed {\underline{\sf{\underline\orange{Please \: mark \: as \: BRAINLIEST }}}}}\\

Answered by Sasikalavenkat0067
0

Explanation:

False

Plz mark in a brain list

Similar questions