Which of the following statements is true? a. manufacturing overhead costs are accumulated in cost pools and then assigned to products. b. indirect costs must be allocated based on a single plant wide rate. c. managers cannot wait until the end of the accounting period for product cost information. d. managers can choose to wait until the end of the accounting period to allocate manufacturing overhead costs.

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

Why is investing in a mutual fund less risky than investing in a particular company’s stock?