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COGNITIVE ASSESSMENT You want to allow sound to be input through a microphone and output through external speakers on your computer. What must you have in order to do this?
Pay Back
The period of time it takes for an investment to generate enough returns to recover the original investment cost.
Fixed Costs
Expenses that do not vary with the level of production or sales, such as rent or salaries.
Accounting Break-even
The point at which a company's total revenues exactly match its total expenses, indicating no net profit or loss from operations.
Financial Break-even
The point at which total revenues and total expenses are equal, resulting in no net profit or loss, indicating the minimum performance level required to avoid losing money.
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