help with 8 through 20

e. Nore of the above. 8. T, F. Return on investment is calculated by dividing operating income by the average of all assets invested in an investment center. 9. T, F. Residual Income is determined by subtracting, desired ROI multiplied by assets invested from the Operating Income of the Center. 10. T. F. Balanced Score Card for a company or unit is determined by incorporating quantitative and non-quantitative measures in its performance evaluation of a department or cost center. 11. T, F. Benchmarking refers to the comparison of the performance of an organization's performance with its successful segment or subsidiary. 12. T, F. Asset turnover in an investment center is the ratio of sales to the average assets invested in the Center. 13. T, F. Assets turnover is a measure of the liquidity of the Center being evaluated. 14. T, F. Profit margin represents the percentage of each sales dollar that results in profit. 15. T, F. The purpose of flexing a budget is to reduce dthe static budget to the level of actual result achieved by focusing on variable and controllable costs.. 16. T, F. Variable costing is the same as Variable Budgeting. 17. T, F. When preparing a Performance Income Statement for a Segment, the important variables to use are: Sales, Variable costs and Controllable cost which will provide contribution margina the end. 18.(T) F. Standards, in general, are benchmarks that are useful for determining acceptable/unacceptable performance. 19. T, F. Standard costing helps managers to compare actual cost results to a standard or predetermined performance level. 20. T, F. One of the major purposes of variance analysis is to identify areas of cost efficiency