Printed Output Is Referred to as __________; a Monitor's Displayed

question 81

Short Answer

Printed output is referred to as __________; a monitor's displayed information is ________.

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Definitions:

Operating Leverage

A measure of the relative mix of a business’s variable costs and fixed costs, computed as contribution margin divided by operating income.

Highly Automated Industries

Sectors where machines and advanced technologies preponderantly perform production and operational processes, reducing human intervention.

Break-even Point

The point at which total revenues equal total costs and expenses, leaving no net loss or gain.

Margin of Safety

The difference between actual or expected sales and the sales level at which a company breaks even, providing a buffer against losses.