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What is a break even point?

a) The level of operations at which a business revenues exceeds the budget.

b) The level of operations at which the business will be able to break into a new market

c) The level of operations at which the business will have a zero net income

d) The level of operations at which the contribution margin is twice that of the fixed costs.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9402643

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