QUESTION 29 A company is analyzing the performance of responsibility centers. Controllable costs would be included in the performance reports of which of the following types of responsibility centers? Profit Centers No Yes Yes No Investment centers No A) B) C) D) Yes Yes A) ) o C) o D) QUESTION 30 Profit center managers are often evaluated using return on investment (ROl) or residual income measures. O True False QUESTION 31 An opportunity cost is the potential benefit that is given up when one alternative is selected over another O True O False QUESTION 32 Which of the following three statements are correct? I. A profit center has control over both cost and revenue II. An investment center has control over invested funds, but not over costs and revenue III. A cost center has no control over sales. O Only l O Only