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What is the first step in a behaviour modification program
Variable Costs
Costs that vary directly with the level of production or sales, such as materials and labor.
Financial Leverage
Utilizing borrowed capital to amplify the possible returns on an investment.
Operating Leverage
An indicator of the degree to which sales growth affects operational profit, showing the ratio of a company's fixed costs compared to its variable costs.
Interest Expense
The cost incurred by an entity for borrowed funds, often reported on the income statement.
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