Jim transfers money from his money market account to his savings account. This action:. a. reduced Ml and increases M2.
b. increases Ml and reduces M2.
c. has no effect on MI or M2.
d. increases Ml and M2.

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above