A Break-Even Chart Refers to a Graphic Presentation

question 9

Multiple Choice

A break-even chart refers to a graphic presentation

• A)that shows the maximum number of units that will be sold at a certain price.
• B)that shows when total revenue and total cost intersect to identify profit or loss for a given quantity sold.
• C)that relates variable costs in terms of product or service substitutes in order to determine which items or services would least affect total revenues.
• D)that relates profits and revenues versus total costs in order to determine the time frame in which a company could achieve profitability.
• E)is a form of scatter graph used to identify specific activities or items that are creating the greatest return on investment.

---

Definitions:

Mobile Broadband

A wireless internet service providing high speed internet access for mobile devices and is accessible over a cellular network.

Mobile Wallet

A digital wallet that allows users to store payment information on their mobile devices, facilitating electronic transactions and digital payments.

Financial Transactions

Exchanges or transfers of money between parties, which can be conducted in various forms such as cash, electronic funds, or checks.

IoT

Internet of Things; a network of physical objects embedded with sensors, software, and other technologies to connect and exchange data with other devices and systems over the internet.