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  • Question
  • Sales commissions are classified as


  • Options
  • A. Period costs
  • B. Product costs
  • C. Indirect labour
  • D. Overhead costs

  • Correct Answer
  • Period costs 

    Explanation

    A sales commission is money your small business pays an employee when she sells your products or services to customers. Sales commissions are classified as selling expenses which come under Period costs. A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets.

  • Tags: Analyst

    Business Awareness problems


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    • 1. The price elasticity of supply measures how
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    • 2. One of the following companies does have business interest in both oil and shipping sectors. Identify this.

    • Options
    • A. Tata Group
    • B. Reliance Group
    • C. Essar Group
    • D. ONGC
    • Discuss
    • 3. 'River' Brand of MP3 player has been launched in india by Salora International. The Brand which is competing with apple's ipod is owned by which company?

    • Options
    • A. ReignCom
    • B. TEAc
    • C. Toshiba
    • D. Panasonic
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    • 4. Times of India group is set to launch a 24-hour news channel in alliance with which international media entity?

    • Options
    • A. Wall street Journal
    • B. Reuters
    • C. BBC
    • D. Associated Press
    • Discuss
    • 5. Iveco, Part of the Fiat group, holds 15 per cent stake in an Indian automobile company. The company in the question is

    • Options
    • A. AShok Leyland
    • B. Hindustan Motors
    • C. Tata Motors
    • D. Eitcher
    • Discuss
    • 6. Which of the following is not an Indian Pharma Company?

    • Options
    • A. Ranbaxy
    • B. Pfizer
    • C. Cipla
    • D. Nicholas Pirmal
    • Discuss
    • 7. In a first instance of foreign oil company planning to list in the Indian Capital market, a well-known energy company has announced to go in for IPO to be listed on BSE. Name of the exploration and production company is

    • Options
    • A. Unocol
    • B. Shell
    • C. British Petroleum
    • D. Cairn Energy
    • Discuss
    • 8. Equity firm Warburg Pincus and telecom company Sing Tel Hold equity stake in which Indian Cellular service provider?

    • Options
    • A. Bharti Televenture
    • B. Hutch
    • C. Idea
    • D. Reliance Telecom
    • Discuss
    • 9. India's Largest tractor manufacture Mahindra & Mahindra had recently made a take over bid on a European company, Universal Tractors. The Company is based in

    • Options
    • A. England
    • B. Finland
    • C. Norway
    • D. Romania
    • Discuss
    • 10. Delphi, the world's largest auto component manufacturer, has the joint venture agreement with which indian company?

    • Options
    • A. TVS
    • B. Bajaj Auto
    • C. Hero Motors
    • D. Bharat Forge
    • Discuss


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