Examlex
Which statement is TRUE?
Accounting Break-even
The point at which a business's revenues equal its expenses, resulting in no net profit or loss, as determined by accounting methods.
Contribution Margin
The amount by which sales revenue exceeds variable costs of production, indicating how much revenue contributes to fixed costs and profit.
Accounting Break-even
The point at which a company's revenues exactly cover its expenses, leading to a net income of zero.
Variable Costs
Costs that vary directly with the level of production or sales volume, such as raw materials and hourly labor.
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