Solved

Which of the Following Signifies That a Target Profit Level

Question 23

Multiple Choice

Which of the following signifies that a target profit level has been achieved:


A) Total revenue is equal to all of an organisation's fixed costs plus the before tax value of the target profit.
B) Total revenue is equal to all of an organisation's variable costs plus the before tax value of the target profit.
C) Total revenue is equal to all of an organisation's direct and fixed costs plus the before tax value of the target profit.
D) Total revenue is equal to total costs plus the before tax value of the target profit.
E) None of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents