Question

Which of the following is an example of a period cost Caesars​ Palace® may​ have? A. Salary expense B. Utility expense C. Advertising expense D. All of the abov

Answer 1

Answer:

D. All of the Above

Explanation:

Period costs are fixed cost of executive benefits/salaries and administrative benefit/salaries. It includes office rent and those interest expense that is not tied into the fixed asset. This fixed cost sometimes are broken out into more subcategories for selling activities like advertising and administrative activities.

The question above are examples of period costs than can be considered as general and administrative expenses, such as rent, advertising expenses , office depreciation, office supplies, and utility expenses.