The clerk who opens the mail routinely steals remittances and checks. Describe a specific internal control procedure that would prevent or detect this fraud

What percentage change in sales occurs if profits increase by 3 percent when the firm's degree of operating leverage is 4.5?

A) 1.5 percent B) 0.33 percent C) 0.67 percent D) 3.33 percent

The result of an effective decision making process should be monitored in order to:

A) reveal the break-even point. B) reveal errors in the implementation. C) keep fixed and variable costs distinct. D) change the scientific method.