Which of the following is not a period expense?
A)administrative expenditures
B)expenditures on advertising
C)expenditures on research
D)cost of goods sold
E)all of the above are period expenses

Question

Quizplus · Accepted Answer

Cost of goods sold is not a period expense, it is a direct expense related to the production or purchase of goods that are sold during the period. Administrative expenditures, expenditures on advertising, and expenditures on research are all examples of period expenses that are not directly related to the production of goods.

Which of the Following Is Not a Period Expense