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Identify the correct statement below as it relates to the margin of safety: Multiple Choice The margin of safety represents the amount that Sales can
Identify the correct statement below as it relates to the margin of safety: Multiple Choice The margin of safety represents the amount that Sales can drop before an organization meets its break-even point. The margin of safety is useful to management because it calculates by how much sales units have to increase for management to go from a loss position, to a profit position. The margin of safety calculation can be expressed in units, in Sales dollars, as a percentage, as a fixed amount that does not change as sales change, and as a mixed cost value. The margin of safety in Sales dollars can be calculated without calculating the break-even point in Sales dollars
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