A target income refers to:
A) Income at the break-even point.
B) Income from the most recent period.
C) Income planned for a future period.
D) Income only in a multiproduct environment.
E) Income at the minimum contribution margin.

Question

Quizplus · Accepted Answer

A target income refers to the amount of income a company plans to earn in a future period. It is often used as a goal or benchmark for the company's financial performance.

A Target Income Refers To