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A developer already created a database for the small business you work for. Your supervisor likes the way that the database performs, but needs some changes made to the reports that are part of the database.
The "Finance Report" needs a new title. How do you change the title of the "Finance Report" to "Accounts Payable"?
Fixed
Costs that do not change with the level of production or sales activity, such as rent, salaries and insurance.
Variable
A quantity that can change or vary, often used in mathematics and statistics to represent an element that can assume different values.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, influenced by the proportion of fixed to variable costs.
Fixed Costs
Fixed Costs are business expenses that remain constant regardless of the level of production or sales activity, such as rent, salaries, and insurance.
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