Why is it important for managers to understand the concept of break-even points?
What will be an ideal response?
Answer: It is important for managers to understand the concept of break even points because it helps set a minimum sales goal to make back the cost as well as help get an idea of what the revenue will be if X amount of units are sold.
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The variable costing method is required for external financial reporting.
Answer the following statement true (T) or false (F)
What is multitasking?
a. the practice or capability of handling more than one task at a time b. asking for more work than you can handle c. keeping track of your actives d. planning for a variety of nonrecurring tasks
Milly owns a car rental business that nets over $2 million. How is Milly contributing to the CERCLA trust fund?
____ distractions block or reduce effective communication and include background noise, interruptions, uncomfortable temperatures, and busy environments.
A. Verbal B. Physical C. both a. and b. D. neither a. nor b.