True or False and two bullet points explaining why.

-Time-Weighted returns should be used to evaluate investment managers when they have no control over deposits into or withdrawals out of the account.

-Dollar-Weighted returns are appropriate for measuring manager performance only when the manager has control over the size and timing of cash flows entering and exiting the account.

-The Dollar-Weighted return will be higher than the Time-Weighted return if new funds are added to an account prior to a period of strong performance.

-While geometric returns are better for evaluating asset growth over time, an arithmetic return can be useful for evaluating historical asset class performance to make projections for future performance.