Indicate whether the following statements are true or false. [Select) 1) Evaluation of the performance of an investment center involves only financial measures. Select) 2) Departmental information is usually distributed to the public as part of the company's annual report and footnotes. Select] 3) A cost center does not directly generate revenues. [Select] 4) Cost center managers are evaluated on their success in controlling costs compared to budgeted costs. [Select] 5) Direct expenses are incurred for the joint benefit of more than one department; they cannot be readily traced to only one department. Select) 6) No standard rule identifies the best basis of allocating expenses across departments, so it is impossible to allocate costs in a manner that will be perceived as fair. Select) 7) A joint cost of producing two products can be allocated between those products on the basis of the relative physical quantities of each product produced. [Select) 8) In producing oat bran, the joint cost of milling the oats into bran, oatmeal, and animal feed is considered a direct cost to the oat bran, because the oat bran cannot be produced without incurring the joint cost. Select] 9) Return on investment is a useful measure to evaluate the performance of a cost center manager. Select 10) A useful measure used to evaluate the performance of an investment center is investment center residual income