The management of a firm can control the degree of total leverage to some extent.

Name: The management of a firm can control the degree of total leverage to some extent.
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The total leverage of a firm can be influenced by the management to some extent through factors such as the amount of debt financing, the use of fixed costs, and capital structure decisions. However, external factors such as economic conditions and industry trends may also impact the firm's total leverage.

The Management of a Firm Can Control the Degree of Total