3. Opportunity costs are an important consideration for managers when deciding whether to accept special orders.

True or False

4. When choosing whether to make, lease, or buy, a manager must consider the profits to be made under each consideration.

True or False

5. The Bible does not speak directly to financial decisions.

True or False

6. According to the study guide, all strategy is essential for the success of a company.

True or False

7. Target costing is only utilized to determine the breakeven amount.

True or False

8. According to the study guide, one of the goals of managers should be to find a way to turn cost centers into profit centers.

True or False

9. According to the study guide, strategic planning should follow the advice found in Proverbs 3:7.

True or False

10. Luke 10:30-37 provides business managers with a guideline as to how they should conduct both their personal life, as well as their business life.

True or False

True or False

7.