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Costs that are billed by time period, regardless of the level of revenue. rent, salaries, insurance premiums, interest expense

A- Direct expense B- Periodic expense C- Indirect expense

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Question added by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed
Date Posted: 2014/06/27
Mohamed Fahmy
by Mohamed Fahmy , Supply Chain Manager , Mecaheat for Mechanical & Health construction

B- Periodic expense 

lina alonaizat
by lina alonaizat , موارد بشريه ومحاسبة , TQ trading company

the answer is : B

Period costs: costs that are do not have future benefits, it is tied to the cost of the products that will be sold, and not part of the cost of inventory.

Fakhar Syed ACCA CPA CFC CICA
by Fakhar Syed ACCA CPA CFC CICA , Senior Management Accountant , Alijarah Holding (Public Joint Stock Company)

B

Mubashir Shahzad
by Mubashir Shahzad , Oracle Functional Consultant/ERP Business Analyst , Jaffer Business System

B.

Rosebella Owuor
by Rosebella Owuor , Senior Accountant , Protea Hotel by Marriot -Kampala

These are fixed costs and are payable irregardless of income earned

C- Indirect Expense are overhead costs that must be incurred irrespective of activity level

Farhad Ali ACCA
by Farhad Ali ACCA , Accountant , Almarai Co KSA

B- this is periodic expense

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