What is the term commonly used to describe expenses that are matched with the period in which they are incurred?

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Period costs are expenses that are matched with the period in which they are incurred. It is used to describe the cost of resources that are consumed in the normal course of business operations and are not directly associated with the production of goods or services. Examples of period costs include rent, utilities, salaries, and advertising expenses.

What Is the Term Commonly Used to Describe Expenses That