A person has a poor credit score due mainly to the amount of debt on credit cards and installment loans. How could the person improve his score? reduce total credit line for all credit cards to less than 25% of income
apply for a new credit card at 19% interest rate
pay off the loan with the lowest interest rate first
consolidate all credit to a loan with a 33% interest rate

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above