Which of the Following Statements About Signs Is False

question 11

Multiple Choice

Which of the following statements about signs is false?

• A)They are a form of advertising
• B)They need to be large enough to be read by passing traffic
• C)They should reflect your firm
• D)Homemade signs indicate high quality and professionalism

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Definitions:

Break-even Point

The point at which total revenues equal total costs, resulting in no net loss or gain for the business.

Fixed Costs

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance, providing stability to a company's expense structure.

Variable Costs

Expenses that vary directly with the volume of production or sales.

CVP Graph

A Cost-Volume-Profit (CVP) graph visually represents the relationship between costs, volume of production, and profit.