Answer:
Iam sorry I don't know but why Iam messaging iss because when more people message it usually appears to more people so someone else will be able to help you:)
TRUE.
Margin of safety is the difference between actual or budgeted sales and the volume of sales needed to break even. Costs and sales revenue are equal at the break-even point, and profit is zero. The amount of sales that can be lost before suffering losses is indicated by the margin of safety.
<h3>What do break-even sales mean?</h3>
- The sales value at which a business makes neither a profit nor a loss is referred to as "break-even sales." In other words, a company's break-even sales are the dollar amount of revenue that exactly offsets both its fixed and variable costs.
- Break-Even Sales = Fixed Costs / Contribution Margin Percentage
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That statement is false
Customer requirements is a list of characteristic that the majority of the customer want in the product.
The customer requirements are only used to determine what products should be produced. The quality provided should always be the best no matter what product the company chooses.
The direct method defines a summary of all operating transactions that causes either a debit or credit to the <u>cash</u>.
The direct method is one of two accounting mechanisms used to produce a cash flow statement. The cash flow statement of the direct method uses actual cash outflows and inflows from the enterprise's operations, rather than modifying the operating section from accrual accounting to a cash basis. Accrual accounting determines revenue when it is earned versus when the payment is received from a client.
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