$1)$ Qualitative data as well as quantitative data are useful in the decision process. true or false

$2)$ Using the negotiated transfer pricing approach, a minimum transfer price is established by the selling division. true or false

$4)$ In most cases, a company sets the price instead of it being set by the competitive market. true or false

$5)$ The discount rate used in net present value calculations is the company's minimum rate of return. true or false

$6)$ The purpose of establishing a desired rate of return on investment is to set a point below which the best alternative will be considered acceptable. true or false

$7)$ The payback period method of evaluating proposed capital investment does not take into account the time value of money. true or false

$8)$ In a competitive market, a company is forced to act as a price taker and must emphasize minimizing and controlling costs. true or false