Question: Knowledge Check 04 What determines the difference between a product cost and a period cost? O Whether the cost changes when activity levels change. O

Knowledge Check 04 What determines the difference between a product cost and a period cost? O Whether the cost changes when activity levels change. O Whether the cost is relevant to a particular decision. O When the cost will be matched against revenue on the income statement. Whether the cost can be traced to a specific cost object.

Knowledge Check 04 What determines the difference between a product cost and a period cost? Whether the cost changes when activity levels change. Whether the cost is relevant to a particular decision. When the cost will be matched against revenue on the income statement. Whether the cost can be traced to a specific cost object

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