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The degree of operating leverage (DOL) at any given sales volume, X, is useful as: Multiple Choice An easy way to perform a Monte Carlo
Thedegreeofoperatingleverage(DOL) at any given sales volume, X, is useful as:
Multiple Choice
- An easy way to perform a Monte Carlo Simulation (MCS) analysis.
- A measure of risk that can be used in conjunction with a CVP model.
- An alternative measure of the breakeven volume.
- A way to estimate fixed costs for an upcoming period.
- A measure of targeted profit, expressed on a pre-tax basis.
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
