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9. Which of the following is incorrect regarding operating leverage? A. Operating leverage is the degree to which costs are ?xed B. A project's break-even

image text in transcribed 9. Which of the following is incorrect regarding operating leverage? A. Operating leverage is the degree to which costs are ?xed B. A project's break-even point will be affected by the extent to which costs canbe reduced as sales decline. C. If the project has mostly variable costs, it is said to have high operating leverage. D. High operating leverage implies that pro?ts are more sensitive to changes insales.

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