If the fixed costs for a product increase and the variable costs (as a percentage of sales dollars) increase, what will be the effect on the contribution margin ratio and the break-even point, respectively? Contribution Margin RatioBreak-even PointA.DecreaseIncreaseB.IncreaseDecreaseC.DecreaseDecreaseD.IncreaseIncrease
A. Option A
B. Option B
C. Option C
D. Option D
Answer: A
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Which of the follow is true about Schein’s definition of culture?
a. It’s a pattern of basic assumptions that has been implemented by a single leader b. It’s a set of assumptions that is taught as one of a variety of ways of perceiving problems c. It’s a set of assumptions that is considered valid by senior leadership d. It’s a set of assumptions that has been learned by a group as the correct way to think about problems
The Paperwork Reduction Act has generally been regarded as a failure, having done
little to actually reduce the paperwork burden or reduce hours committed to satisfying information demands. a. True b. False
Consider the portion of the sensitivity analysis report that follows. Decreasing the right-hand side constraint by 1 unit for $I$8 (from 150 to 149) will result in which of the following?
A. decrease the profit by $0.6
B. increase the profit by $3.2
C. increase the profit by $0.6
D. decrease the profit by $3.2
All career moves are upgrades in rank or title
Answer the following statement true (T) or false (F)