The difference between the value that an activity generates and the cost of the activity is called the ________.
A) margin
B) revenue
C) break-even point
D) value-addition point

Question

Quizplus · Accepted Answer

The margin is the difference between the value generated by an activity and the cost of the activity. It represents the profit or return on investment for the activity. Revenue refers to the total income generated by a company, while the break-even point is the level of sales at which a company makes neither a profit nor a loss. Value-addition point is not a commonly used term in business.

The Difference Between the Value That an Activity Generates and the Cost