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8 November, 09:24

A term describing a firm's normal range of operating activities is: Group of answer choices

a. Relevant range of operations.

b. Break-even level of operations.

c. Margin of safety of operations.

d. Relevant operating analysis.

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Answers (2)
  1. 8 November, 11:14
    0
    a. relevant range of operations

    Explanation:

    Relevant range of operations is the normal production range and sales, experienced by a firm not considering period of economic boom and economic depression.

    Management often times make use of relevant range of operations for decison making due to its consistency because future economy boom or recession can not be relied upon as a basis for production volume.

    Example is when a firm plan to produce within a relevant range but produced less than what they have aggregated, then the firm can make further use of automation.
  2. 8 November, 11:33
    0
    A. Relevant range of operations

    Explanation:

    The relevant range of operations is simply specific activity levels of a firm which is often bounded by a minimum and maximum figure.
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