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.

    Practice Next
    More Management Questions

    Relevant for Exams:

    ask-question