Which of the Following Is NOT a Correct Definition of the Break-Even

question 102

Multiple Choice

Which of the following is NOT a correct definition of the break-even point?

• A)the point where total sales equals total expenses.
• B)the point where total profit equals total fixed expenses.
• C)the point where total contribution margin equals total fixed expenses.
• D)the point where total profit equals zero.

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Definitions:

Fair Labor Standards Act

U.S. legislation that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the federal, state, and local governments, as well as in the private sector.

EPA

Stands for Environmental Protection Agency, a U.S. government agency tasked with protecting human health and the environment through regulations and enforcement.

Migrant and Seasonal Agricultural Worker Protection Act

U.S. legislation aimed at safeguarding the rights of migrant and seasonal farm workers by establishing employment standards and worker protections.

Workers Rights Consortium

An independent labor rights monitoring organization that focuses on protecting and advancing the rights of workers globally, particularly in the apparel industry.