Operating Leverage Is a Measure of the Sensitivity of Net

question 69

True/False

Operating leverage is a measure of the sensitivity of net income to changes in revenue.

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Definitions:

Phonemic

Pertains to phonemes, which are the smallest units of sound in a language that distinguish one word from another.

Structural

Relates to the physical or organizational shape, composition, or arrangement of something.

Episodic

Pertaining to events or incidents that occur in separate, distinct episodes, often relating to memory in psychology.

Phonemically

Pertaining to phonemes, which are the smallest units of sound in a language that distinguish one word from another.