Mcqs Clouds
mcqsclouds.com

Using equation method, Break-even point is calculated as

A. Sales = Variable expenses + Fixed expenses + Profit

B. Sales = Variable expenses + Fixed expenses - Profit

C. Sales = Variable expenses - Fixed expenses + Profit

D. None of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above