QUESTION 27 Considering alternative projects and choosing the most profitable is O the definition of capital budgeting. O the definition of variable costing O the definition of managerial accounting. O the definition of payback. QUESTION 28 What is the tax effect of deprecation on cash inflows? O cannot tell O it is a tax deduction which decreases your tax thereby increasing your cash O it has no effect on cash inflows O it decreases cash inflows QUESTION 29 Division 1 has sales of $110,000, variable costs of $120,000 and applied fixed costs of $40,000. Should I eliminate this division? O yes, you'll increase profits by $52,000 O yes because variable costs exceed sales revenues O no you'll lose $10,000 O no, you'll lose $50,000 QUESTION 30