The relationship between variable and fixed costs impacts the _______ which a management team has over its cost base.
A. degree of influence
B. degree of skill
C. degree of control
D. measurement of control
E. amount of control
Ans: C. degree of control
Business
You might also like to view...
Which of the following is NOT a characteristic of reinsurance?
A) Increases the unearned premium reserve B) Protects against a very large claim C) Enables insurer to meet certain objectives D) A specialized branch of the insurance industry
Business
Meetings that last longer than ________ should include a scheduled break
A) 75 B) 45 C) 90 D) 60
Business