All Else Being Equal, a Company with a High Operating

question 115

Multiple Choice

All else being equal, a company with a high operating leverage will have

• A)relatively low fixed costs.
• B)relatively high variable costs.
• C)relatively high contribution margin ratio.
• D)relatively low risk.

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Definitions:

Information Security

Protecting an organization’s information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction.

Passwords

Secret codes or phrases used to authenticate or grant access to a user into a secure system or area.

Cambridge Analytica

A now-defunct political consulting firm known for its role in the collection of personal data of millions of Facebook users without their consent, used for political advertising purposes.

Scandal

An event or action that causes public outrage or shock, usually due to perceived ethical or moral violations.