Please select True or False for each question

One purpose of cost allocations is to justify costs to establish a "fair" price, often required by law and government contracts.

The stand-alone method uses the product in the bundle with the most sales and then uses this ranking to allocate bundled revenues to individual products.

A company operating in a perfectly competitive market has more leeway to set higher prices than a firm that is a monopolist.

Separable costs that do not differ between alternatives are irrelevant for decision making.

The financial perspective of the balanced scorecard focuses on the profits and value created for shareholders