Question 1: Short Theory Questions 104115 marks (Note: - Answer from google site is unacceptable) Referring to the following standards, compare between operating leverage and financial leverage. No. Standard Operating Leverage Financial Leverage Source of 2 Effects of 3 Variables of measurement of 4 Avoidable by 5 Kind of Risks Task-3 [03] [10 Marks Observe the following decision tables carefully and highlight the type of error and the rules in which the error exists. Rules 3 1. Type of Error: II. Error in Rules 1 2 Y Y a) Redundancy Conditions Condition-A Condition-B Condition-C Actions Action-1 Action-2 Action: Y Y b) Contradiction a) 1 and 2 b) 3 and 4 c) 1 and 4 d) 2 and 3 c) 2 and 4 f) 1 and 3 X c) No Error Rules IL Error in Rules 1 2 Y 3 Y Y Conditions Condition-A Condition-B Condition-C Actions Action-1 Action-2 Action 3 Y L Type of Error: a) Redundancy b) Contradiction c) No Error a) 1 and 2 b) 3 and 4 c) 1 and 4 d) 2 and 3 e) 2 and 4 1) 1 and 3 X Rules 3 I Type of Error: IL Error in Rules 1 2 Y a) Redundancy Conditions Condition-A Condition-B Condition-C Actions Action-1 Action-2 Action a) 1 and 2 b) 3 and 4 c) 1 and 4 d) 2 and 3 c) 2 and 4 f) 1 and 3 b) Contradiction c) No Error X Rules 2 4 1 Y Y I Type of Error: a) Redundancy Y Conditions Condition-A Condition-B Condition- Actions Action-1 Action-2 Action-3 Y IL Error in Rules a) 1 and 2 b) 3 and 4 c) 1 and 4 d) 2 and 3 e) 2 and 4 f) and 3 b) Contradiction X X c) No Emor Page 9 of 12