The Break-Even Point

question 22

Multiple Choice

The break-even point

• A)is the point at which total sales equals total contribution margin.
• B)is the point at which total revenue equals total fixed costs plus total variable costs.
• C)is the point at which total sales equal total fixed costs.
• D)is the point at which total sales equal total variable costs.

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Definitions:

Outcome

The result or consequence of an action, decision, or situation.

Munich Crisis

An event in 1938 where European powers, including Britain and France, conceded to Nazi Germany's annexation of Czechoslovakia's Sudetenland in an attempt to avoid war.

Appeasement

A diplomatic policy aimed at avoiding conflict by making concessions to another nation.

U.S. Air Forces

The aerial warfare service branch of the United States Armed Forces, responsible for conducting air operations in defense of the country and its interests.