All Else Being Equal, Which of the Following Changes Would

question 81

Multiple Choice

All else being equal, which of the following changes would increase a company's net operating income?

• A) A decrease in sales price.
• B) A decrease in contribution margin.
• C) An increase in variable costs
• D) A decrease in fixed costs.

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Definitions:

Rigid Order

A strict and unyielding system or arrangement of things, often leading to inflexibility and resistance to change.

Lower-Order Needs

In Maslow’s hierarchy are physiological, safety, and social.

Esteem

A feeling of respect and admiration for oneself or others, often related to one's achievements or qualities.

Self-Actualization

A process of realizing and expressing one’s own capabilities and creativity, often considered the highest level of psychological development in Maslow's hierarchy of needs.