Part I: True or False. Circle one. F liquidity. 1. Cash flow budgets can be used to measure F 2. Profit and cost centers are measured at the per unit level. T F 3. The formula for return over variable cost is price*yield-variable costs. TF 4. The constraining resource in an LP problem will have a shadow price. F unit level. 5. Enterprise budgets are measured at the per TF 6. Partial budgets are used to analyze single production changes. T F 7. Reduced cost tells how much your objective would change by forcing a unit of the unselected enterprise into the linear programming solution. T F 8. If (added revenue+reduced cost) - (reduced revenue+added cost)>0, then it is advisable to make the production change using partial budgets. F 9. The optimal level of production is where marginal value product equals marginal input or factor cost. (MVP=MFC or MIC) TF 10. The balance sheet tells you about a company's profit