Advantages of Investing in U

question 87

Multiple Choice

Advantages of investing in U.S.-based international mutual funds include

• A)lower transactions costs relative to direct investing.
• B)circumvention of many legal and institution barriers to direct portfolio investment in many foreign markets.
• C)professional management, potentially expertise in security selection, definitely record-keeping.
• D)all of the above

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Definitions:

Factory Overhead Rates

A calculation used in manufacturing to allocate indirect costs, like utilities and salaries, to products.

Machine Hours

A measure of the amount of time a machine is operated, used as a basis for allocating manufacturing overhead costs to products.

Direct Labor Hours

The total hours of work directly involved in the production of goods, often used in costing and operational efficiency analysis.

Materials Handling

The movement, protection, storage, and control of materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal.