A Risk Factor Means That

question 1

Multiple Choice

A risk factor means that

• A) a patient will develop a certain disease.
• B) a patient must avoid foods that trigger an allergic reaction.
• C) a patient has a genetic disorder.
• D) the chances are increased of a patient developing a certain disease.

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Definitions:

Fixed Expenses

Costs that are static in total over a particular period, not varying with production volume or sales, such as salaries and rent.

Break-even Point

The level of production or sales at which total costs equal total revenue, meaning the business neither makes a profit nor a loss.

Sales Mix

The combination of products and services sold by a company, significantly impacting its overall profitability and performance.

Degree of Operating Leverage

A ratio that measures the sensitivity of a company's operating income to its sales, indicating how revenue growth translates to growth in operating income.