Are the following statements true or false?

22. T/F: When the cost of capital is adjusted to a higher minimum required rate of return to account for possible error in forecasting related to capital budgeting projects and the determination of the cost of capital, the new rate and all other adjusted-for-risk rates are called hurdle rates.

23. T/F: Crossrates or cross currency rates are the rates of currency exchange between two countries in terms of quotations based on the U.S. dollar.

24. T/F: A centralized management structure provides management of a firms foreign country operations with decision-making authority without obtaining the approval of upper level management in the domestic country.