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When contribution is positive but equal to fixed cost,

A. There is loss equal to fixed costs

B. There is loss more than fixed costs

C. There will be loss less than fixed costs

D. There will be neither profit nor loss

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