Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?

Are you having trouble answering the question “Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?

a) administrative costs are product costs are expensed as incurred
b) administrative costs are period costs and are expensed as incurred
c) administrative costs are product costs and are expensed when the manufactured product is sold
d) administrative costs are period costs and are expensed when the manufactured product is sold

Answer: B

We hope you have got the correct answer to your question “Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?”, which was part of Accounting MCQs & Answers. Thanks for choosing us.

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Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?

Are you having trouble answering the question “Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?

a) administrative costs are product costs are expensed as incurred
b) administrative costs are period costs and are expensed as incurred
c) administrative costs are product costs and are expensed when the manufactured product is sold
d) administrative costs are period costs and are expensed when the manufactured product is sold

Answer: B

We hope you have got the correct answer to your question “Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?”, which was part of Accounting MCQs & Answers. Thanks for choosing us.

Leave a Reply 0

Your email address will not be published. Required fields are marked *