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Question 10 (1 point) Listen Which of the following is TRUE of period costs? They are part of the cost of goods sold. They
Question 10 (1 point) Listen Which of the following is TRUE of period costs? They are part of the cost of goods sold. They are expected to benefit future periods. They are costs incurred to generate revenue in a specific time period except the cost of manufacturing accumulated as cost of goods sold. For merchandising sector companies they include all costs not related to the cost of goods purchased for resale. They are also called fixed costs.
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