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Teaching Accountancy Cost Accounting Question Bank MCQ - Cost Accounting

  • question_answer
    The margin of safety may be defined as

    A)  The point at which breakeven point sales are achieved    

    B)  The excess of planned sales over the current actual sales

    C)  The extent to which sales revenue exceeds fixed costs

    D)  The difference between planned sales and breakeven point sales

    Correct Answer: D

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