The Point at Which the Number of Units Sold Generates

question 98

Multiple Choice

The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the

• A) contribution per unit.
• B) fixed cost margin.
• C) break-even point.
• D) unit cost.
• E) marginal revenue.

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Definitions:

Other Comprehensive Income

Revenues, expenses, gains, and losses that are not included in net income, but instead are recorded directly to shareholders' equity.

Property Plant

Long-term tangible assets used in the operation of a business but not expected to be consumed or converted into cash in the normal course of business.

Foreign Currency

Currency used in a country other than one's own, representing the medium of exchange for international transactions.

Exchange Differences

Financial discrepancies that arise from converting transactions made in foreign currencies into the reporting currency.