Examlex
There are several features of impact program: evaluation and performance measurement. Both share some features and some features are different. Which of the following is NOT correct for impact program evaluation?
Variable Costs
Costs that vary directly with the level of production or sales volume.
Average Costs
The total costs (fixed and variable) of production divided by the total quantity of output, indicating the cost of producing each unit.
Fixed Costs
Costs that do not vary with the level of output or sales, such as rent, salaries, and loan payments.
Break Even
The point at which total costs and total revenue are equal, resulting in no net loss or gain.
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