Examlex
The class of disorders marked by extreme and inflexible characteristics that cause subjective distress or impaired social and occupational functioning are referred to as _____ disorders.
Variable Cost
Costs that change in proportion to the level of production or activity.
Operating Leverage
Refers to the extent to which fixed costs are used in a company's operations; high operating leverage means a larger proportion of fixed costs, leading to greater potential for profit variability with changes in sales volume.
Pretax Net Income
The amount of income that a company has earned before any taxes have been deducted.
CVP Analysis
Cost-Volume-Profit Analysis, a financial tool used to determine how changes in cost and volume affect a company's operating income and net income.
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