At the Break-Even Point

question 204

Multiple Choice

At the break-even point

• A) sales equal total variable costs.
• B) contribution margin equals total variable costs.
• C) contribution margin equals total fixed costs.
• D) sales equal total fixed costs.

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Definitions:

Cause-and-Effect

A relationship where one event (the cause) makes another event happen (the effect), establishing a connection between two or more phenomena.

Illusion of Control

The belief that one can exert more influence over events than is actually the case.

External Locus

Refers to the belief that external forces or circumstances control one's life and outcomes, rather than one's own efforts.

Dice Game

A game of chance where players roll dice to achieve certain results or scores.