Which of the following statements is true?

The use of return on investment $(ROI)$ as a performance measure may lead managers to reject a project that would be favorable for the company as a whole.

Land held for possible plant expansion would be included as an operating asset when computing return on investment $($ROI$).$

Multiple Choice

Both statements are true.

Only statement $2$ is true.

Neither statement is true.

Only statement $1$ is true.