8. Which one of the following statements is False?(3 points)

A.The degree of operating leverage is up to the fixed cost and the OCF;

B.The level of a firm beta _(A )is decided by the operating leverage and financial leverage at the same time;

C.The level of variable cost relative to the fixed cost describes the level of break-even (both accounting and financial) for a project;

D.The equity of a firm with high financial leverage tend to have high betas