When Projecting Operating Expenses,it Is Important to Determine the Mix

question 3

Multiple Choice

When projecting operating expenses,it is important to determine the mix of fixed and variable costs; one clue suggesting the presence of fixed costs is:

• A) the percentage change in cost of goods sold in prior years is significantly greater than the percentage change in sales.
• B) the percentage change in cost of goods sold in prior years is significantly less than the percentage change in sales.
• C) low capital intensity in the production process.
• D) the percentage change in sales in prior years is significantly greater than the percentage change in receivables.

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Definitions:

Content Specificity

The idea that the nature of cognitive processes or content is specific to particular types of psychological disorders or issues.

Cognitive Therapy

A type of psychotherapy that focuses on changing negative patterns of thought to alter emotions and behaviors.

Behavioral Disorder

A type of disorder that involves disruptive or inappropriate behaviors that interfere with a person's daily life, including social interactions and academic or occupational functioning.

Cognitive Therapy

A form of psychotherapy that aims to change maladaptive thinking patterns, believing that these can lead to negative emotions and behaviors.