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Selling and administrative expenses, being everything that is not a product cost, are:

APeriod costs
BProduct costs
CPrepaid costs
DPrime costs
Answer & Solution
Correct answer: A. Period costs
1. They are defined by exclusion. 2. They belong to the period, not the goods. 3. They are period costs. _Source: OpenStax Principles of Managerial Accounting, Chapter 2, Building Blocks of Managerial Accounting._
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