Accounting Multiple Choice Question – 14 February 2022

Which of these formulae defines the point at which breakeven output is achieved?

Select ONE answer:

1. Total Costs = Total Contribution
2. Total Revenue = Total Price
3. Total Profit = Total Costs
4. Total Revenue = Total Costs

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

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