5. Under responsibility accounting, the evaluation of a manager's performance is based on the matters directly under that manager's control. True False The terms "controllable costs" and "noncontrollable costs" are synonymous with variable costs and fixed costs, respectively. True False 7. Only controllable costs are included in a responsibility performance report, and there is no distinction made between variable and fixed costs. True False 8. A responsibility reporting system begins with the lowest level of responsibility in an organization and moves upward to each higher level. True False There are three types of responsibility centers: cost, segment, and investment True False 10 The primary basis for evaluating the performance of a manager of an investment center is return on investment True False