True or False

The salary of the head of pediatrics at Massachusetts General Hospital would be classified as a direct cost with respect to a particular pediatric patient. Advertising costs are always considered product costs for external financial reports. Incremental analysis is an analytical approach that focuses only on those costs that can be easily traced to the particular cost object under consideration. On a CVP graph for a profitable company, the total revenue line will be flatter (lower slope) than the total expense line