You have just been employed as the Management Accountant of Ismael & Co, a newly

established manufacturing company in Kurdistan. The managing director of Ismael & Co has told

you that in the first year of operation, the company's aim is to ensure that its total revenue is

equal to its total costs, meaning they are not expecting to make any profit or loss.

The managing director of Ismael & Co has asked you (the Management Accountant) to list the

methods of achieving this aim in the first year?