Question
The margin of safety is: a. The excess of sales over variable expenses. b. The excess of sales over fixed expenses. c. The excess of
The margin of safety is:
a. The excess of sales over variable expenses.
b. The excess of sales over fixed expenses.
c. The excess of sales over the break-even volume of sales.
d. The excess of net operating income over actual net operating income.
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Management Accounting
Authors: John Burns, Martin Quinn, Liz Warren, João Oliveira
1st Edition
0077121619, 978-0077121617
