The only allowable method of joint cost allocation is specified by FASB

When an advertising agency is hired, the agency team should immediately seek to understand the client's company, its products, and its customers

Indicate whether the statement is true or false

A(n) ________ is a fiduciary relationship which results from the manifestation of consent by one person to another that the other shall act in his behalf and subject to his control, and consent by the other so to act

A) assignment B) garnishment C) accommodation D) agency