New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    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