Which of the following is true of how managers may differ from shareholders?
A. Managers are likely to prefer more emphasis on uncertain incentives than base pay.
B. Managers diversify investments more easily.
C. Managers can diversify the risks more easily.
D. Managers are more likely to pursue projects with high potential payoffs.
E. Managers are less averse to risk.
Answer: B
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Details of the manufacturing activity in Amy Corporation's Assembly Department for the month of December is given below: Number of UnitsLabor and Overhead Percent CompleteWork in process inventory, Dec. 110,00070%Started in assembly during the month80,000 Work in process inventory, Dec. 3115,00040%All materials are added at the beginning of processing in the Assembly Department.The equivalent units for materials for the month, using the weighted-average method, is:
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