Match Each Item with the Correct Statement Below

question 145

Multiple Choice

Match each item with the correct statement below.
-The use of fixed costs to extract higher percentage changes in profits as sales activity changes.

• A)break-even point
• B)Common fixed expenses
• C)Contribution margin
• D)Direct fixed expenses
• E)Margin of safety
• F)Operating leverage
• G)Degree of operating leverage
• H)Sales mix

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Definitions:

Desperate Poverty

A severe level of poverty where individuals or families lack basic needs for survival, including food, shelter, and healthcare.

Elderly

Relating to individuals who are in the later stages of life, often defined as being of retirement age or older, usually considered to be 65 years or older.

Women

Adult human females, often discussed in contexts relating to social, political, and economic rights and equality.

Military

Refers to the armed forces of a country, responsible for defending it against external threats and maintaining internal security.