Question
An entity with a higher proportion of fixed costs to total costs compared to an entity with a lower proportion of fixed to total costs
An entity with a higher proportion of fixed costs to total costs compared to an entity with a lower proportion of fixed to total costs is regarded as:
a) less risky
b) having a lower operating leverage
c) having a higher operating leverage
d) equal in risk
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Accounting Information Systems
Authors: Robert Hurt
2nd Edition
78111056, 978-0078111051
