Which of the following is FALSE?

Group of answer choices

1. Maximizing division profits can sometimes lead to a reduction in company-wide profits

2. Managers of profit centers are given little discretion in their decision-making

3. Profit centers typically do not require much involvement from the parent company

4. A manager being rewarded on division revenues has the most incentive to make good decisions for her division

5. None of the above (all of the statements are true)