42 ABC Method considers multiple activities for cost allocations as opposed to single activity (labour) True False 43. Say you invest 100,000 today. You will get 20,000 in year 1,30,000 in year 2 and 40.000 in year 3. Is the project profitable whenr-15%? What is the Payback Period O 1.11 years O 3.3 years 25,000 O-33,623 44. The type of industry can affect Net Present Value. True False 45. Centralized Organizations promote responsibility accounting True False False 45. Centralized Organizations promote responsibility accounting True False 46. The Law of Diminishing Returns affects the shape of the Variable Cost function True False 47) in Process costing, we use a Job cost sheet True False 48. The concept of Asset Turnover is very important in ROI TRUE False 35. The Law of Diminishing Returns affects the shape of the Step Variable Cost function True False 36. In Plantwide Overhead rate, the assumption is overhead is determined by direct labour hours and changes in direct proportion True False 37. In ABC Costing, the whole concept revolves around overhead cost allocation True False 38. The Theory of Constraints is part of the Lean Business Model True False 39. Period Costs are expensed in the period in which they are incurred unlike PRODUCT costs True False acer