A term describing a firm's normal range of operating activities is:
A) Relevant operating analysis.
B) Break-even level of operations.
C) Margin of safety of operations.
D) Relevant range of operations.
E) High-low level of operations.

Question

Quizplus · Accepted Answer

The relevant range of operations refers to the levels of activity within which a firm operates normally. This range is important because it helps businesses determine their cost behavior and make decisions based on this information.

A Term Describing a Firm's Normal Range of Operating Activities