(01) Which of the following is not true of costs?

	A.	Eventually all costs will become expenses.
	B.	Costs are different from expenses.
	C.	Expired costs are expenses.
	D.	Unexpired costs are revenues.

(02) Which of the following is not true of product costs?

	A.	They are expenses.
	B.	They are costs incurred in making or buying products.
	C.	They are also called inventoriable costs.
	D.	If a product is incurred, an asset will be generated or increased.

(03) Manufacturing costs are:

	A.	Product costs
	B.	Cost of goods sold
	C.	Expenses
	D.	Overhead costs

(04) Manufacturing overhead costs are not:

	A.	Period costs
	B.	Product costs
	C.	Inventoriable costs
	D.	Indirect costs