Question: Select the description from the list provided that best matches the following term. Operating leverage Multiple Choice A cost that changes in total in direct
Select the description from the list provided that best matches the following term.
Operating leverage
Multiple Choice
A cost that changes in total in direct proportion to changes in volume
The difference between a company's sales revenue and its variable costs
A factor that causes or drives changes in costs
The way a cost changes relative to change in a measure of activity
Costs composed of both fixed and variable components
A cost that remains constant in total when volume changes
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