The price-recovery component of the change in operating income measures solely the effect of price changes on revenues and costs.

Name: The price-recovery component of the change in operating income measures solely the effect of price changes on revenues and costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The price-recovery component of the change in operating income only measures the impact of price changes on revenues and costs, and not other factors such as changes in volume or operating expenses.

The Price-Recovery Component of the Change in Operating Income Measures