Question 14 1 pts Statement l: The segment margin is the best measure of performance for a division. Statement II: The segment margin is the best measure of performance for a division's manager. o Both Statements are False Both Statements are True Only Statement I is True o Only Statement II is True Question 15 1 pts Which of the following statement is true when deciding between two alternatives? Sunk costs are always relevant. Variable costs are not relevant when the decision alternatives have different activity levels. Fixed costs are never relevant. Variable costs may not be relevant when the decision alternatives have the same activity levels. U Question 16 1 pts Statement l: The theory about CVP analysis states that total variable costs remain the same over a relevant range. Statement II: In a profit-volume graph, the intersection of the profit line with the vertical axis provides a loss equal to the fixed costs. Both Statements are False o Only Statement Il is True O Both Statements are True o Only Statement I is True D Question 22 Identify the graph that is associated with an electricity bill that charges flat fixed rate, plus a variable cost after a certain number of kilowatt-hours are used. O O O