Fred Knievel took out a substantial life insurance policy before he began his trek across North America in his Volvo. Doing so enabled him to:

The master budget worksheet shows

A) forecasted income and expenses for the budget year. B) month-to-month budget variances. C) a reconciliation of this year's budget to last year's balance sheet. D) all balance sheet and income statement accounts that relate to the annual budget.

Pricing schedules with all unit quantity discounts encourage retailers to increase the size of their lots, which reduces the average inventory and flow time in a supply chain

Indicate whether the statement is true or false.