According to fundamental analysis, when choosing stocks for your portfolio, you should prefer undervalued stocks.

Overapplied manufacturing overhead would result if:

A) the plant was operated at less than normal capacity.
B) manufacturing overhead costs incurred were less than estimated manufacturing overhead costs.
C) manufacturing overhead costs incurred were less than manufacturing overhead costs charged to production.
D) manufacturing overhead costs incurred were greater than manufacturing overhead costs charged to production.

Two widely used methods of estimating inventories are the ______________ method and the _____________ method.

The German stock market is measured by which market index?

A) FTSE
B) Dow Jones 30
C) DAX
D) Nikkei

The situation pictured in Figure 6.4.3 above:

A) is one of increasing marginal returns to labor.
B) is one of increasing marginal returns to capital.
C) is not consistent with diminishing marginal product of labor or capital.
D) shows constant returns to scale.
E) shows diminishing marginal products of labor and capital.

Steven makes a material misrepresentation of fact regarding his motorcycle to Huong who agrees to buy the motorcycle based upon the misrepresentation. This contract is:

A) void.
B) voidable.
C) executed.
D) unenforceable.