Perpetuities have:
a) irregular payments but constant payment periods.
b) equal payments and an infinite life.
c) equal payments and a set number of equal payment periods.
d) less value than comparable annuities.
e) no application in today's world.

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation