Belief systems play to employees' ________, the desire to achieve self-satisfaction from good performance regardless of external rewards such as bonuses and promotion

Which of the following statements is not true?

a. Operating leverage refers to the extent to which a company's net income reacts to a given change in sales. b. Companies that have higher fixed costs relative to variable costs have higher operating leverage. c. When a company's sales revenue is increasing, high operating leverage is good because it means that profits will increase rapidly. d. When a company's sales revenue is decreasing, high operating leverage is good because it means that profits will decrease at a slower pace than revenues decrease.

Which of the following statements is true?

A. The Securities Exchange Act of 1934 regulates intrastate stock offerings made by a company. B. The Securities Act of 1933 regulates the subsequent public trading of securities through brokers and markets. C. The Securities Exchange Act of 1934 is commonly referred to as blue sky legislation. D. The Securities Act of 1933 regulates the initial offering of securities by a company.