Which of the following statements about period costs is true?
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 concept.

Answer rating: 100% (QA)

Answer is A Most period costs are expensed in the peri... View the full answer