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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 3: The Basics of Record Keeping and Financial Statement Preparation: Income Statement
  5. Question
    Which of the Following Is Not a Period Expense
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Which of the Following Is Not a Period Expense

Question 8

Question 8

Multiple Choice

Which of the following is not a period expense?


A) administrative expenditures
B) expenditures on advertising
C) expenditures on research
D) cost of goods sold
E) all of the above are period expenses

Correct Answer:

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