Which of the following statements concerning operating leverage is false?
a. Normally, a company which is highly labor intensive will have low fixed costs and therefore a low operating leverage.
b. Normally, companies which have a high operating leverage will also have a high contribution margin ratio.
c. Operating leverage measures the relationship between a company's variable and fixed cost.
d. If a company has a low operating leverage, a small amount of sales will cause a large increase in profits.
d
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The amount of money invested in a financial security or deposited into a financial intermediary is referred to as the
A. principal. B. interest. C. yield. D. capital-gain.
Which of the following is not a required disclosure by a lessee of an operating lease?
A) rental expense for the period B) total contingent rentals C) the amount of any sublease rentals D) the gross amount of assets under operating leases
In terms of commonly traded organizational currencies, sharing tasks that increase someone's skills and abilities and letting others have ownership and influence are examples of ________-related currencies.
A. Task B. Position C. Inspiration D. Relationship E. Personal
Which of the following is a strategy that could be used during the storming stage of team development?
a. encouragement of dialogue between team members b. brainstorming c. argumentative discussion d. avoidance of conflict