Question: Select the incorrect statement regarding cost structures.Choose one: 1 . When sales change, the amount of the corresponding change in income is affected by the

Select the incorrect statement regarding cost structures.Choose one: 1. When sales change, the amount of the corresponding change in income is affected by the company/s cost stracture2. Highly leveraged companies will experience greater profits than companies less leveraged when sates increase.3. The more variable cost, the higher the fluctuation in income as sales fuctuate.4. Faced with significant uncertainty about future revenues, a low leverage cost structure is preferable to a high leverage cost structure

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