Which statement describes the difference between operating leverage and the degree of operating leverage? R O Operating leverage is the extent to which operating income reacts to a change in sales; the degree of operating leverage provides a measure of this s earnings volatility. O The degree of operating leverage is the change in variable costs relative to a change in sales; operating leverage is the change in sales volume at a given sales level. Operating leverage is the change in sales volume at a given sales level; the degree of operating leverage is the change in operating income relative to a change in sales. O The degree of operating leverage is the change in fixed costs at a given sales level; operating leverage is the change in operating income relative to a change in sales.

Which statement describes the difference between operating leverage and the degree of operating leverage? Operating leverage is the extent to which operating income reacts to a change in sales; the degree of operating leverage provides a measure of this s earnings volatility. The degree of operating leverage is the change in variable costs relative to a change in sales; operating leverage is the change in sales volume at a given sales level Operating leverage is the change in sales volume at a given sales level; the degree of operating leverage is the change in operating income relative to a change in sales. The degree of operating leverage is the change in fixed costs at a given sales level; operating leverage is the change in operating income relative to a change in sales