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NEW QUESTION: 1
How do you go to single-user mode on a booted system?
A. reboot
B. shutdown -r
C. shutdown
D. init 0
Answer: C
NEW QUESTION: 2
A. Option B
B. Option A
C. Option D
D. Option C
Answer: A
Explanation:
Topic 8, Order to Cash
NEW QUESTION: 3
A firm with a higher degree of operating leverage when compared to the industry average implies that the:
A. Firm is more profitable.
B. Firm has higher variable costs.
C. Firm's profits are more sensitive to changes in sales volume.
D. Firm uses a significant amount of debt financing.
Answer: C
Explanation:
Rule: Operating leverage is the presence of fixed costs in operations, which allows a small change in
sales to produce a larger relative change in profits.
Choice "b" is correct. A firm with a higher degree of operating leverage when compared to the industry
average implies that the firm's profits are more sensitive to changes in sales volume.
Choice "a" is incorrect. Higher variable costs imply a lower degree of operating leverage.
Choice "c" is incorrect. Profits will depend upon sales.
Choice "d" is incorrect. A firm using a significant amount of debt financing has a higher degree of
"financial leverage."
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