The Degree of Operating Leverage Can Be Multiplied by a Change

question 12

True/False

The degree of operating leverage can be multiplied by a change in sales to determine change in profit.This is the primary use of degree of operating leverage.

---

Definitions:

115th Congress

The iteration of the United States Congress that met from January 3, 2017, to January 3, 2019, consisting of the Senate and the House of Representatives.

House Of Representatives

is one of the two chambers of the bicameral legislature in many countries, including the United States, responsible for creating and passing legislation.

U.S. Senate

One of the two chambers of the United States Congress, comprised of elected representatives from each state, responsible for making federal laws, approving treaties, and conducting impeachment trials.

Labor Force

The total number of people, both employed and unemployed, actively seeking work in a specified economic area.