When Using the Income Statement Approach to Finding Breakeven, Which

question 44

Multiple Choice

When using the income statement approach to finding breakeven, which of the following is true?

• A)(variable expenses × number of units)- fixed expenses = operating income
• B)sales revenue - variable expenses - fixed expenses = operating income
• C)fixed expenses + variable expenses + sales revenue = operating income
• D)fixed expenses + variable expenses - sales revenue = operating income

---

Definitions:

Nominal

Pertaining to data classification where categories are named in an unordered manner, used for qualitative, non-numerical information.

Level Of Measurement

The nature of information within data, including nominal, ordinal, interval, and ratio categories, reflecting the degree of quantitative information they hold.

Learning Management System

A software application for the administration, documentation, tracking, reporting, and delivery of educational courses, training programs, or learning and development programs.

Software Application

A program or suite of programs designed to perform a specific task or solve specific problems for users.