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    Cost Accounting Study Set 2
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    Exam 2: Different Costs for Different Purposes
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    Period Costs Are All Costs of a Product That Are
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Period Costs Are All Costs of a Product That Are

Question 91

Question 91

True/False

Period costs are all costs of a product that are considered as assets in the balance sheet when they are incurred and that become cost of goods sold only when the product is sold.

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