Q336
Which of following do not include among major categories of corporate costs?
A.
human resource management costs
B.
corporate administration costs
C.
treasury costs
D.
discretionary costs
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Corporate administration costs do not include among major categories of corporate costs. These costs include the accounting, human resources, legal, marketing, and sales functions. When corporate costs are incurred, they are considered to be period costs, and so are charged to expense as incurred.