The purpose of process control is to detect when natural causes of variation are present

If a company fails to accurately predict it's cost of equity, then:

A) the firm's wacc will also be inaccurate. B) the firm may not be using the proper interest rate to estimate NPV. C) the firm may incorrectly accept or reject projects based on decisions made using the cost of capital computed with an incorrect cost of equity. D) All of the above are true.

The dynamic perspective is useful as a tool for examining industries in which firms tend to

encounter the same competitors in multiple markets. Indicate whether the statement is true or false