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Johanna Marie
on Nov 12, 2024

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The current year's advertising costs are normally considered period costs.

Advertising Costs

Expenses associated with promoting a product, service, or brand to potential customers.

Period Costs

Expenses not directly tied to the production of goods or services, such as selling, general, and administrative expenses, expensed in the period they occur.

  • Discern the sorting of expenses into period or product costs and their influence on financial statements.
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Yahaira DelgadilloNov 18, 2024
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