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Match Each Term with a Statement Below

question 41

Multiple Choice

Match each term with a statement below.

-A basic unit of programming logic


Definitions:

Break-even Point

The point at which total costs and total revenue are equal, meaning the business is not making a profit but also not incurring any losses.

Break-even Sales

Break-even sales refer to the amount of revenue a business must generate to cover all its fixed and variable costs, without making a profit or a loss.

Unit Selling Price

The price a customer pays for one unit of a product or service.

Cost-volume-profit Chart

A graphical representation that shows the relationship between a company's costs, sales volume, and profit, used for planning and decision-making purposes.

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