Which One of the Following Represents the Level of Output

question 11

Multiple Choice

Which one of the following represents the level of output where a project produces a rate of return just equal to its requirement?

• A)capital break-even
• B)cash break-even
• C)accounting break-even
• D)financial break-even
• E)internal break-even

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Definitions:

Agency Relationship

A legal and fiduciary relationship between two parties, where one, the agent, is authorized to act on behalf of the other, the principal, in business transactions.

Liability

A legal obligation or responsibility to settle a debt or make good on a promise or contract.

Third Parties

Individuals or entities that are not directly involved in a legal agreement or transaction but may be affected by it.

Actual Notice

Notice of agency termination that is given by directly informing third parties, either orally or in writing.