Case-Based Critical Thinking Questions Case 1

question 89

Multiple Choice

Case-Based Critical Thinking Questions Case 1
Hannah has been hired as a graphics consultant for a company that is struggling with PowerPoint 2013. They are looking for ways to improve their graphics but maintain a professional appearance to their presentations.
Hannah would also like to add a special effect to the arrows to improve their appearance, so she clicks the ____.

• A) More button on the WordArt Styles group to view Quick Styles
• B) Edit Shape list arrow on the Format tab
• C) More button in the Shape Styles group to view Quick Styles
• D) Convert to SmartArt graphic button in the Paragraph group

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Definitions:

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors hold true for a specific business.

Curvilinear Costs

Costs that change with the level of output or activity in a non-linear relationship, displaying variances in the cost per unit at different production volumes.

Break-even Analysis

A calculation that determines when an investment will reach a financial break-even point.

Margin of Safety

The difference between actual or projected sales and the break-even point, indicating the level of risk in missing sales projections.