The margin of safety may be defined as
A. the point at which break-even point sales are achieved
B. the excess of planned sales over the current actual sales
C. the extent to which sales revenue exceeds fixed costs
D. the difference between planned sales and break-even point sales
Answer: Option D
This Question Belongs to Management >> Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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