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

question 48

Multiple Choice

The point at which sales and costs are equal and a business is neither making or losing money is called

• A) Profit
• B) Gross margin
• C) Breakeven point
• D) Net income

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Definitions:

Assembly Line

A production process that breaks down the manufacture of a product into steps that are completed in a pre-defined sequence, often on a conveyor belt, to increase efficiency.

Required Times

The specific durations needed to complete tasks or activities within a process, project, or operating schedule.

Cycle Time

The total time from the beginning to the end of a process, indicating the speed at which a complete cycle can be executed.

Workstations

Specialized computer setups or desks designed for professional use, often equipped with powerful hardware to handle demanding tasks.