Tools that can help a company with its positioning strategies are:

All of the following costs should be charged against revenue in the period in which costs are incurred except for

a. manufacturing overhead costs for a product manufactured and sold in the same accounting period. b. costs which will not benefit any future period. c. costs from idle manufacturing capacity resulting from an unexpected plant shutdown. d. costs of normal shrinkage and scrap incurred for the manufacture of a product in ending inventory.

An open market sale leads to an expansion of reserves and deposits in the banking system and hence to a decline in the monetary base and the money supply

Indicate whether the statement is true or false