The selection of the factory overhead allocation method is important because the method selected determines the accuracy of the product cost.

If this is a true or false question, then yes, it is true that the selection of the factory overhead allocation method is important because the method selected determines the accuracy of the product cost.It is important to determine the appropriate method to allocate overhead in a certain factory so as to ensure that the cost of a product is suitable and accurate.

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.