Question: 1 pts Question 1 Which statement is true about period and product costs? Period cost is necessary to support the existence of the organization itself

1 pts Question 1 Which statement is true about period and product costs? Period cost is necessary to support the existence of the organization itself rather than the actual delivery of a service. Product cost is necessary to actually deliver a service. O Period costs are matched with revenue on the basis of the period during which the cost is incurred. All of the statements are correct

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