Which of the following statements is false? Multiple Choice The break-even point is the level of sales at which the total contribution margin equals the total fixed costs. Operating leverage is a measure of how sensitive net operating income is to a given percentage change in dollar sales. Margin of safety is the excess of break-even dollar sales over the budgeted or actual dollar sales. Sales mix refers to the relative proportions in which a company's products are sold. < Prev 4 of 20 Next >