At Breakeven Point, ________

question 143

Multiple Choice

At breakeven point, ________.

• A) operating income is equal to zero
• B) contribution margin minus fixed costs is equal to profits earned
• C) revenues equal fixed costs minus variable costs
• D) breakeven revenues equal fixed costs divided by the variable cost per unit

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Definitions:

Autonomy

The right or condition of self-government, or in a more general sense, the capacity of an individual to make an informed, un-coerced decision.

Consistency

The quality of achieving a level of performance or standard, which does not vary greatly in quality over time.

Independence

The state of being self-sufficient and not influenced or controlled by others, often applied to countries, individuals, or organizations.

Durability

Refers to the ability of a product or material to withstand wear, pressure, or damage.