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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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