Question
The margin of safety is the excess of? 1. Break-even sales over expected sales. 2.Expected sales over variable costs. 3. Expected sales over fixed costs.
The margin of safety is the excess of?
1. Break-even sales over expected sales.
2.Expected sales over variable costs.
3. Expected sales over fixed costs.
4.Fixed costs over expected sales.
5.Expected sales over break-even sales.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
