A classification of costs that determines whether a cost is expensed to the income statement or capitalized to inventory is:
A. Direct versus indirect.
B. Product versus period.
C. Financial versus managerial.
D. Fixed versus variable.
E. Service versus manufacturing.
Answer: B
You might also like to view...
Payroll taxes only include social security taxes and federal unemployment and state unemployment taxes
Indicate whether the statement is true or false
Which of these concepts is not one of the four main functions of a manager?
a. Controlling b. Leading c. Planning d. Coordinating
An official code of ethics is often available on the company's website
Indicate whether the statement is true or false
Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, a debtor can be granted Chapter 7 relief only after ________ years following Chapter 7 or Chapter 11 bankruptcy
A) two B) four C) six D) eight