When are period costs recorded on the income statement?
A)when they occur
B)when the product that they are associated with is sold
C)at the discretion of management
D)none of the above

Name: When are period costs recorded on the income statement? A)when they occur B)when the product that they are associated with is sold C)at the discretion of management D)none of the above
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Question

Quizplus · Accepted Answer

Period costs are recorded on the income statement when they occur rather than when the product they are associated with is sold.

When Are Period Costs Recorded on the Income Statement