The margin of safety is the difference between actual sales and budgeted sales.The margin of safety is the difference between actual or budgeted sales and break-even sales.

Name: The margin of safety is the difference between actual sales and budgeted sales.The margin of safety is the difference between actual or budgeted sales and break-even sales.
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Question

Quizplus · Accepted Answer

The margin of safety is the difference between actual or budgeted sales and break-even sales, not just between actual and budgeted sales.

The Margin of Safety Is the Difference Between Actual Sales