Which of the following statement is TRUE? Question 24 Not yet answered Marked out of 4.00 Select one: O Product cost should be expensed directly when incurred. Flag question O Period cost should be considered as expense only when the product is sold. O Period cost should be considered as assets if the products were not sold yet. O Product cost should be considered as expense only when the product is sold. O Period cost should be considered as expense if the products were not sold yet and asset when the product is sold