On the basis of “Relationship with accounting period” costs are classified as

Question

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Product Costs and Period Costs

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Historical Costs and Pre-determined Costs.

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Capital Costs and Commercial Costs.

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Capital Costs and Revenue Costs.

1.	On the basis of “Relationship with accounting period” costs are classified as
A.	Historical Costs and Pre-determined Costs.
B.	Capital Costs and Commercial Costs.
C.	Capital Costs and Revenue Costs.
D.	Product Costs and Period Costs
Answer» D. Product Costs and Period Costs

Discussion