Q: Buffett believes a company's Selling, General, and Administrative expenses: Select one: a. Do not matter b. Should be consistently high c. Should always be less than 30% d. Should be consisently lower than their competitors Q: Buffett believes that one of the key ways of make more money is: Select one: a. To sell more products b. To have high revenues c. To spend less money d. To lay-off employees Q: In analyzing operating expenses, Buffett looks at: Select one: a. Only Selling, General and Administrative Expenses b. Only at the total operating expenses c. The expenses on a line by line basis d. Only the current year of expenses