The Point at Which Sales and Costs Are Equal and a Business

question 12

Multiple Choice

The point at which sales and costs are equal and a business is neither making nor losing money is called ______.

• A) profit
• B) gross margin
• C) breakeven point
• D) net income

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Definitions:

Administered

describes the act of giving or applying a treatment, medication, or procedure to a patient.

Procedures

Established or official ways of doing something, often detailed in a series of steps or a set protocol, especially in professional settings.

Laboratory Work

Tasks and procedures carried out in a lab involved in scientific research, testing, and analysis to obtain experimental data or conduct studies.

Expiration Date

The date until which a product is deemed safe or effective to use, after which it is considered to lose its integrity or potency.