Costs of displays at customer sites is an example of customer batch-level costs

The ______________ bank, with around one-quarter of the assets, is the most important of the Federal Reserve banks

Fill in the blank(s) with the appropriate word(s).

If both favorable and unfavorable variances exist, the variances are subtracted from each other. The variance is determined to be favorable or unfavorable based on which one is the larger amount

Indicate whether the statement is true or false