Select the incorrect statement concerning the application of the controllability concept to responsibility accounting. O Managers lose motivation when they are held accountable for actions that are beyond their scope of control. O As a practical matter, control of costs or revenues may be shared rather than absolute. Each manager should be evaluated on the costs but not the revenues that are under his or her control. The concept of control is crucial to an effective responsibility accounting system. Saget Company is considering the purchase of equipment that would cost 535.000 and offer annual cash inflows of $10.500 over its useful te of 5 years. Assuming a required rate of return of what is the net present value of this investment opportunity (PV of Stand PVA of 51 Use appropriate factors) from the tables provided) 541.923 56.923 O 517.500 5(0923