A broker who mixes together trust funds and personal or operating funds is guilty of commingling.

Woodruff Company manufactures custom-designed medical equipment for paramedic units. In June 2010, the company incurred the following costs of quality: Product design costs $12,800 Product recall costs 6,700 Product simulation costs 20,500 Product testing costs 8,000 Product warranty claims 3,000 Scrap and rework costs 5,000 Total quality costs of nonconformance for June were

a. $11,700. b. $14,700. c. $22,700. d. $15,700.

Milos files a petition in bankruptcy. His dischargeable debts include

a. domestic-support obligations. b. student loans unless the lender would suffer undue hardship. c. court costs, trustee fees, and attorney's fees associated with the bankruptcy. d. unsecured credit-card debt.