9. a. In Finacial Accounting, cost is divided into 3 major catigories: Depreciable assets, Liabilities and Owners Equity. b. Period Costs, Long Term Cost and Short Term Cost. Cost of Goods Sold, Cost of Items Purchased and Cost of Inventory d. Inventoriable Cost, Capital Cost and Period Cost. C. 10 a. The Cash basis of accounting can be used: in an accrual accounting system. b. by a company that sells merchandise. to conform to GAAP C. d. none of the above