Which of the Following Properly Describes the Accounting for Corporate

Multiple Choice

Which of the following properly describes the accounting for corporate headquarters' property rates?

A) The property rates are inventoriable product costs and are expensed as incurred.
B) The property rates are period costs and are expensed when the manufactured product is sold.
C) The property rates are period costs and are expensed as incurred.
D) The property rates are inventoriable product costs and are expensed when the manufactured product is sold.