Question

A company's normal operating range, which excludes extremely high or low operating levels that are not likely to occur, is called the: margin of safety. contribution range. break-even point. relevant range. high-low point.

Answer 1

I believe the answer is the first option. A company's normal operating range, which excludes extremely high or low operating levels that are not likely to occur, is called the relevant range. It is a certain activity that is implemented which is being bounded by a maximum and minimum value.