All of the following statements are true regarding warrants EXCEPT: A Warrants generally have a maximum life of 2 months B At issuance, the exercise price of the warrant is set higher than the current market price of the underlying common stock C The price of the warrant will vary with the price movements of the underlying stock D The price of the warrant will vary depending upon the time to expiration of the warrant

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.