The break-even time has which of the following characteristics?
i. It cannot be established until after the product development cycle is completed.
ii. It encourages incremental projects.
iii. It discourages major projects that take a long time.
iv. It measures cash flow not profit.
A) i, ii and iii
B) ii, iii and iv
C) i, iii and iv
D) All of the given answers
Correct Answer:
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