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      Question

      Comparison between sales and expenses to determine that

      volume of production where there is no profit and no loss is-    
      A Management by Objective (MBO) Correct Answer Incorrect Answer
      B Planning and budgeting Correct Answer Incorrect Answer
      C Budgeting and accounting Correct Answer Incorrect Answer
      D Break even analysis Correct Answer Incorrect Answer
      E All of the above Correct Answer Incorrect Answer

      Solution

      Breakeven analysis is used to determine when your business will be able to cover all its expenses and begin to make a profit. The breakeven point is reached when revenue equals all business costs. To calculate your breakeven point, you will need to identify your fixed and variable costs.

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