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Regarding the level of business risk and operating leverage for a company, which of the following is NOT TRUE? As a company lowers it degree

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Regarding the level of business risk and operating leverage for a company, which of the following is NOT TRUE? As a company lowers it degree of operating leverage, it will likely experience a smaller ROIC and a more narrow distribution of returns about the expected ROIC. O In general, when a company is operating close to its break-even point, the degree of operating leverage will be low but will increase for sales levels that go above and beyond that point. One appropriate measure of business risk is the standard deviation of the return on invested capital or ROIC Within the context of operating leverage, "fixed costs" would typically include expenditures for insurance premiums, lease payments, and depreciation expenses but not interest expenses

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