Which of the Following Statements Is NOT True About Biomes

question 59

Multiple Choice

Which of the following statements is NOT true about biomes?

• A)They vary according to climate.
• B)They are communities of similar populations.
• C)They vary according to latitude and altitude.
• D)They are the smallest communities on land.
• E)They are characterized by particular animals and plants.

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Definitions:

Operating Leverage

A financial ratio that measures the degree to which a firm can increase operating income by increasing revenue, highlighting the impact of fixed versus variable costs.

Income Statement

A document detailing a firm's income, expenditures, and profit during a certain timeframe.

Operating Leverage

refers to the extent to which a firm utilizes fixed costs in its cost structure, influencing how changes in sales volume affect operating income.

Net Operating Income

This is a company's income after all operating expenses, excluding financial expenses and taxes, have been deducted from total revenue.