An audio commentary is an additional audio track, usually digital, consisting of a lecture or comments by one or more speakers, that plays in real time with a video. Commentaries can be serious or entertaining in nature, and can add information which otherwise would not be disclosed to audience members.[1]
In accounting terms, operating expenses, or OE, and cost of goods sold, or COGS, are both considered expense accounts. In short, they measure different ways in which resources are spent in the process of running a business.
Product costs are expensed in the period the related product is sold. Product costs are expensed in the period incurred. Product costs are shown with operating expenses on the income statement. Product costs are shown with current liabilities on the balance sheet. Question 7 of 35.