________ analysis is a technique used to assess the returns associated with various cost structures and levels of sales.
A) Time-series
B) Marginal
C) Breakeven
D) Ratio

Question

Quizplus · Accepted Answer

Breakeven analysis is specifically used to analyze the relationship between costs, volume, and profits. It helps in identifying the level of sales required to cover all the fixed and variable costs and break even. This analysis is very useful in determining the impact of changes in cost structures or sales levels on the profitability of the business.

________ Analysis Is a Technique Used to Assess the Returns