Which among the following correctly describes Margin of

Margin of Safety MoS is correctly described as the margin over and above the Break even sales, the company has in terms of current level of sales.

Safety?

A Actual Sales – Break Even Sales Correct Answer Incorrect Answer

B Budgeted Sales – Actual Sales Correct Answer Incorrect Answer

C Actual Sales – Budgeted Sales Correct Answer Incorrect Answer

D Break Even Sales – Actual Sales Correct Answer Incorrect Answer

E None of the above Correct Answer Incorrect Answer

Solution

Margin of Safety (MoS) is correctly described as the margin over and above the Break even sales, the company has in terms of current level of sales.

Practice Next

More Alternate Sources of Finance Questions

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question