Some of the world's largest and most financially sound firms may borrow at variable rates less than LIBOR

The journal entry for adjustment of underallocated manufacturing overhead includes a ________

A) credit to Finished Goods Inventory B) credit to Manufacturing Overhead C) debit to Work-in-Process Inventory D) credit to Cost of Goods Sold

Generally, as the employment rate and the GNP (Gross National Product) both rise:

A: The level of personal income rises; B: New residential developments will increase in number; C: Sales of existing homes will remain level or in?rease; D: All of the above will probably occur.