Which of the Following Statements Is Most Correct

question 63

Multiple Choice

Which of the following statements is most correct?

• A)higher levels of fixed costs result in lower levels of operating leverage.
• B)higher variable costs result in larger contribution margin.
• C)higher fixed costs result in larger break-even quantity.
• D)each of the above statements is false.

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Definitions:

Finely Crystalline

Describes a texture of rocks or minerals with very small crystals that are often too small to be seen unaided, indicating rapid cooling or chemical precipitation.

Glassy Texture

A description of igneous rocks that cooled quickly from molten material, resulting in a non-crystalline or vitreous appearance.

Pyroclastic Eruption

A volcanic eruption involving the explosive ejection of hot ash, lava fragments, and gases.

Pegmatite

An igneous rock containing very large crystals, which may be centimeters to meters long.