D ucise price of the old vehicle. DI CICw venicle. 12) Consider the following statements about performance reports: 1. Performance reports provide feedback to managers and allow them to better control operations. II. Many performance reports have budget, actual, and variance data. III. Performance reports are often structured around a firm's organizational hierarchy--that is, data relating to lower-level units (eg., departments) are combined and flow into higher level units (e.... stores) YEYE Which of the above statements is (are) true? 12) A) II and III. B) I only. C) I, II, and III. D) I and III. E) I and II. 13) ROI is most appropriately used to evaluate the nerformance of: 13)