Expenses that are matched with the period in which they are incurred are frequently called:
A) period costs.
B) matched expenses.
C) market expenses.
D) working costs.

Question

Quizplus · Accepted Answer

Period costs are expenses that are matched with the period in which they are incurred, such as rent or salaries. Matched expenses and working costs are not commonly used terms in accounting, while market expenses refer to the cost of marketing or advertising a product.

Expenses That Are Matched with the Period in Which They