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The safety margin (safety margin: Multiple Choice is the total costs necessary to realize a profit. is the total fixed costs in excess of
The safety margin ("safety margin: Multiple Choice is the total costs necessary to realize a profit. is the total fixed costs in excess of the contribution margin. it is the amount by which sales can decline before the company starts to make a loss. represents the sum of variable costs and fixed costs.
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
