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  3. 1. office rent, which is a fixed cost that a compa

1. Office rent, which is a fixed cost that a company incurs for its employees,...

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Finance

1. Office rent, which is a fixed cost that a company incurs for its employees, can be cheaper per user if:

A) the office is converted to a storeroom.

B) fewer employees occupy the office.

C) more employees occupy the office.

2. If an employee's compensation consists of a salary plus commissions based on sales, the employee's compensation would be what for the employer?

a) Mixed cost

b) Non-monetary reward

c) Prepaid expense

3. What do financial leverage and operating leverage have in common?

A) Both types of leverage are risk-free.

B) Both types of leverage are risky.

C) Both types of leverage are prohibited by the US government.

4. The contribution margin of a company is used for which of the following:

A) Profit after covering fixed costs

B) Fixed costs

C) Both of the other answers are correct.

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