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    Fundamental Accounting Principles Study Set 6
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    Exam 18: Managerial Accounting Concepts and Principles
  5. Question
    Costs That Are Capitalized as Inventory When They Are Incurred
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Costs That Are Capitalized as Inventory When They Are Incurred

Question 160

Question 160

Multiple Choice

Costs that are capitalized as inventory when they are incurred are called:


A) Period costs.
B) Product costs.
C) General costs.
D) Administrative costs.
E) Fixed costs.

Correct Answer:

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