With reference to margin of safety, which of the following will improve it?
1. By lowering BEP through reduction of fixed cost.
2. By adopting a better profitable product mix.
Select the correct answer:
A. 1 Only
B. 2 Only
C. Both 1 and 2
D. Neither 1 nor 2
Answer: Option C
This Question Belongs to Commerce >> Accounting
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