For each of the6 following, identify if each statement BEST applies to a manufacturing firm (M), service firm (S), recurring revenue firm (R), or commission-based firm (C)

A. Most likely to have a large amount of fixed expenses [A]

B. Revenue forecasting requires the establishment of a base [B]

C. Revenue growth is more difficult due to the need to find qualified employees [C]

D. Capacity is limited by the number of employees and the number of working hours in a year [D]

E. Upfront costs are likely to be high but will decrease afterward [E]

F. Likely to have materials as its largest expense [F]

G. Revenue growth is closely linked to the number of units sold by employees [G]

H. Likely to have labor expenses as the largest expense [H]

I. The disconnect rate should be considered when forecasting revenue [I]

J. Acquiring new customers will generate high expenses initially [J]

K. Utilization rate must be considered when forecasting revenue [K]

L. Revenue growth may be limited by physical capacity [L]

M.Retaining customers should result in large revenue growth [M]

N.Expenses will be closely linked to the base that is expected of employees [N]