Breakeven analysis is a
A. Short term analysis
B. Long term analysis
C. Average of short and long term analysis
D. Any one of these
Answer: Option A
Solution (By Examveda Team)
Break-even analysis is a technique widely used by production management and management accountants. .Total variable and fixed costs are compared with sales revenue in order to determine the level of sales volume, sales value or production at which the business makes neither a profit nor a loss (the "break-even point").
This Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
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