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Which of the following statements is true about period costs? A.Most period costs are expensed in the period the costs are incurred. B.Period costs are
Which of the following statements is true about period costs?
A.Most period costs are expensed in the period the costs are incurred.
B.Period costs are expensed when the products associated with these costs are sold.
C.Period costs are usually recorded as assets.
D.Period costs do not adhere to the matching principle.
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