The Accounting Break-Even Point Occurs When

question 15

Multiple Choice

The accounting break-even point occurs when

• A)the total revenue line cuts the fixed cost line.
• B)the present value of inflows line cuts the present value of outflows line.
• C)the total revenue line cuts the total cost line.
• D)total revenue is large enough to recapture depreciation expense.

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Definitions:

Lava Dome

A dome-shaped mountain or hill of at least partly solidified lava generally of felsic to intermediate composition.

Lava Flow

Magma that erupts onto the surface and flows downhill from the vent; also the solidified body of rock formed by this magma.

Pyroclastic Flow

A fast-moving current of hot gas and volcanic materials that flows down the sides of a volcano during an explosive eruption.

Eruption Column

A column of gases, ash, and volcanic rock emitted into the atmosphere during a volcanic eruption, which can affect climate and aviation.