Asked by itzel valenzuela on Jul 03, 2024
Verified
Break-even point is where revenues equal costs.
Break-even Point
The financial state where total revenues equal total expenses, resulting in no profit but no loss.
Revenues Equal Costs
A financial break-even point where the total revenues generated equal the total costs incurred.
- Acquire knowledge about the rationale and use of break-even point analysis.
Verified Answer
SM
SILVIYA MAMACHANJul 07, 2024
Final Answer :
True
Explanation :
The break-even point is the point at which revenues equal total costs, including both fixed and variable costs.
Learning Objectives
- Acquire knowledge about the rationale and use of break-even point analysis.