Take a look at these photos of mind-blowing interchanges and it will become very clear why. 1  1. Puxi Viaduct, Shangahi, China â Perhaps the only stack interchange in the world with six levels, this huge interchange of Nanbei Road and Yanâan Road is located in Puxi â historic center of Shanghai.
Operating expenses are used by most businesses, since they have reoccurring costs or costs, such as for travel, that are not directly related to actual goods. Cost of Goods Sold. A cost of goods sold account is not necessarily used by every company.
Period Costs vs. Product Costs. There are two types of expenses in managerial accounting: period costs and product costs. A period cost is defined as all costs in the profit and loss statement that is not a cost directly associated with a product, also known as âSales, General and Administrative costsâ (SG&A). A product cost is the total amount of cost that is directly associated with a product, also known as a cost of goods sold.