The Break-Even Point in CVP Analysis Is Defined As

question 143

Multiple Choice

The break-even point in CVP analysis is defined as:

• A)revenues less variable costs equal operating profit.
• B)when the contribution margin percentage equals total revenues divided by variable costs.
• C)when fixed costs equal total revenues.
• D)fixed costs divided by the contribution margin per unit.

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Definitions:

Cluster Sampling

A statistical method where the population is divided into groups, or clusters, and a sample of these groups is selected to represent the whole population.

Population Subgroups

Distinct categories or sectors within a population, separated based on specific criteria or characteristics for analysis.

Census

The complete enumeration or counting of a population or group at a point in time, often used in demographics and market research.

Managerial Perspective

An approach or viewpoint that focuses on strategies, decision-making, and actions from the standpoint of someone in a management role.