Business & Finance

Two questions

200 words each Q1)   Explain the difference between product and period expenses. Provide one example of each. Why are period and product kept separate in the in

Aug 27, 2025 21 views

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200 words each Q1)   Explain the difference between product and period expenses. Provide one example of each. Why are period and product kept separate in the income statement? Q2)   Explain what a provision is, making reference to the relevant key accounting concepts we have studied.

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