Which of the following statements regarding the use of historical costs and current costs to compute return on investment (ROI) is false? Multiple Choice Historical costs are based on the original costs to acquire a long-term asset. For a specific multiple-period project, the return on investment (ROI) computed using current costs will generally be less than the ROI computed using historical costs. Current costs are always the superior measure of ROI. Current costs represent the costs to replace the long-term asset.