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8) Like the Payback Period method, Average Accounting Return method uses an arbitrary benchmark cutoff. (10points) a. True b. False 9) When we estimate relevant

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8) Like the Payback Period method, Average Accounting Return method uses an arbitrary benchmark cutoff. (10points) a. True b. False 9) When we estimate relevant cashflow for capital budgeting, we include the cost for a market survey conducted before the project is launched. (10points) a. True b. False 10) When we can recognize a larger portion of depreciation in the early period, we will have a higher NPV than when we use the straight-line depreciation method. (10points) a. True b. False

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