The Use of the Symbols :-) to Indicate a Sense

question 11

Multiple Choice

The use of the symbols :-) to indicate a sense of happiness is an example of an

• A) acronym.
• B) emoticon.
• C) icon.
• D) chromatic.

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Definitions:

Chief Financial Officer

A senior executive responsible for managing the financial actions of a company.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in revenues, indicating the extent to which a firm can increase profits by increasing sales.

Fixed Costs

Expenses that do not change in proportion to the level of goods or services produced within a certain period.

Variable Costs

Costs that vary directly with the level of production or service provision.