At the break-even point,
A. Total cost is more than the sales revenue
B. Total cost is less than the sales revenue
C. Total cost is equal to sales revenue
D. Fixed cost is equal to variable cost
Answer: Option C
Solution(By Examveda Team)
the break-even point refers to the revenues necessary to cover a company's total amount of fixed and variable expenses during a specified period of time.Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
Join The Discussion