1) True/False: If you are at treasurer of Nike, you are working in a public accounting sector.

2) True/False: If applied overhead is greater than actual overhead and the difference is insignificant, to dispose of the difference, you will need to decrease COGS.

3) True/False: Job order costing is typically employed in companies that use assembly lines to produce identical products.

4) True/False: If there is a linear pattern in a scatter plot, that means there is a higher correlation between production volume and production cost.