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    Fundamentals of Cost Accounting Study Set 1
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    Exam 2: Cost Concepts and Behavior
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    Period Costs Are Those Costs Assigned to Units of Production
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Period Costs Are Those Costs Assigned to Units of Production

Question 60

Question 60

True/False

Period costs are those costs assigned to units of production in the period in which they are incurred.This statement describes product costs,not period costs.

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