Which of the Following Observations Is True

question 284

Multiple Choice

Which of the following observations is true?

• A) It is possible to include a target profit in break-even analysis.
• B) For a single price, multiple break-even points are possible.
• C) Break-even point cannot be expressed in dollars.
• D) At break-even point, a firm will cover only its variable costs.
• E) At break-even point, a firm will cover only its fixed costs.