Answer:
a. is always expensed in the period in which it is incurred and NEVER becomes part of an inventory account
Explanation:
Period cost is the cost that is incurred at the time passes. It also includes the major parts of the selling and administrative section of the income statement whether variable or fixed and it is neither capitalized also.
The examples of period cost is advertising expenses, delivery trucks depreciation, etc
So, it is never becomes part of an inventory account
The answer from the given options is "d. the world experienced little to no growth until the industrial revolution, after which some economies began to experience real economic growth".
Economic growth refers to the expansion in the inflation balanced market estimation of the merchandise and ventures delivered by an economy after some time. It is expectedly estimated as the percent rate of increment in real gross domestic output, or genuine GDP.
Coca-cola provides a children's center with props, costumes, and decorations for use in a community play. this type of activity is known as sponsorship. Coco-cola is sponsoring the children's center by giving/donating items to the children's center. Normally, these items will have the logo or brand of company that is giving donations on the items so that when people see them, they think of the company.