True/False Questions / wz explanation

8. Managerial accounting places greater emphasis on the future than financial accounting, which is primarily concerned with the past.

9. To facilitate decision-making, fixed expenses should be expressed on a per-unit basis.

10. An increase in the number of units sold will decrease a company's break-even point

11. The break-even point is the point where total contribution margin equals total variable expenses.

12. If a company has high operating leverage, then profits will be very sensitive to changes in sales.