Both direct materials and indirect materials are

a. raw materials.
b. manufacturing overhead.
c. merchandise inventory.
d. sold directly to customers by a manufacturing company.

Answer: a. raw materials.

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Other than collision loss is also known as

A) uninsured motorist's protection. B) liability. C) comprehensive physical damage. D) split-limit coverage.

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Which of the following statements about eligibility requirements for qualified Health Savings Accounts (HSAs) is (are) true?

I. Only individuals who are eligible for Medicare benefits can establish a qualified HSA. II. Applicants must be covered by a high deductible health plan and not be covered by any other comprehensive health plan to establish a qualified HSA. A) I only B) II only C) both I and II D) neither I nor II

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