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True/False Questions / wz explanation
8. Managerial accounting places greater emphasis on the future than financial accounting, which is primarily concerned with the past.
9. To facilitate decision-making, fixed expenses should be expressed on a per-unit basis.
10. An increase in the number of units sold will decrease a company's break-even point
11. The break-even point is the point where total contribution margin equals total variable expenses.
12. If a company has high operating leverage, then profits will be very sensitive to changes in sales.
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