Part A (Indicate whether the statement is true or false) 1. In a competitive market, a company is forced to act as a price taker and must emphasize minimizing and controlling costs. 2. The cost-plus pricing approach establishes a cost base and adds a markup to this base to determine a target selling price. 3. Sales volume plays a large role in determining per unit costs in the cost-plus pricing approach. 4. The first step for time-and-material pricing is to calculate the material loading charge. 5. A negotiated transfer price should be used when an outside market for the goods does not exist. 6. In the film Entebbe Hostage Rescue, there is indication that the decision made seemed delayed True/False