Which of the following statements are true about the Product Owner role? Choose three answers.

The statement that the Product Owner is accountable for managing the Product Backlog is indeed true. The Product Backlog is a dynamic, ordered list of everything that might be needed in the product, and managing it effectively is one of the key responsibilities of the Product Owner. This responsibility includes breaking down larger items into more manageable user stories, ensuring that items are well-defined and that the backlog is prioritized according to the value it can deliver to stakeholders.

In addition to this, another correct aspect of the Product Owner role is prioritizing the work based on stakeholder feedback. The Product Owner continuously engages with stakeholders to gather their insights and needs, which helps in determining which Product Backlog items will provide the most value if developed next. This process ensures that the team's efforts align with business objectives and market demands, thus maximizing the return on investment.

Regarding the other options, while it might seem beneficial for multiple people to share the role of the Product Owner, Scrum explicitly designates a single individual to ensure clear accountability and a singular vision for the product. As for facilitation, the Product Owner is not primarily a facilitator for the Development Team; their primary focus is on maximizing product value and liaising with stakeholders rather than facilitating the team's processes.