Define period cost. Give three examples of period costs of a merchandising company
What will be an ideal response
Period cost is an operating cost that is expensed in the accounting period in which it is incurred. Examples include sales staff salaries, advertising, store utilities, office rent, office equipment depreciation, property taxes and insurance for the office, and delivery expenses.
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search for information. Indicate whether the statement is true or false
The steady-state theory of job satisfaction suggests that each individual has a typical amount of job satisfaction, sometimes called the ________
A) balance point B) equivalence level C) equity state D) equilibrium level