In preforming the financial management function well, while it is important to consider both the role of judgment and analysis, the role of judgement is superior because of its rigorous empirically testable formulations and quantitative analyzes. True or false

Final tax legislation involves compromising divergent points of views and therefore it is easy searching for a consistent economic rationale within prevailing tax codes. true or false

In contrast to other expenses depreciation expense does not entail an outflow of cash from the organization. true or false