Eps Class 12 Chapter 13 Objective
12th Entrepreneurship Chapter 13 Objective : Here you can find class 12th eps Objective questions for board exam 2022. Break-Even Analysis objective questions is very important for board exam 2022. eps class 12 chapter 13 objective question answer.
Break-Even Analysis
- Profit volume ratio shows the relation between whom ?
(a) Contribution and profit
(b) Contribution and loss
(c) Contribution and sales
(d) None of the above
Ans (c) Contribution and sales
- What break-even point shows ?
(a) Profit
(b) Loss
(c) Neither profit nor loss
(d) None of the above
Ans (c) Neither profit nor loss
- The difference between actual sales and break-even sale is known as?
(a) Margin of safety
(b) Total Cost
(c) Break-even point
(d) None of these
Ans (a) Margin of safety
- Margin of Safety is:
(a) Sales – Contribution
(b) Actual Sales – BEP Sales
(c) B.E.P. Sales- Actual Sales
(d) None of these
Ans (b) Actual Sales – BEP Sales
- Contribution:
(a) Sales Less Total Cost
(b) Sales Less Variable Cost
(c) Sales Less Fixed Cost
(d) None of these
Ans (b) Sales Less Variable Cost
- Which of the following is not a limitation of Break- even analysis ?
(a) Technical stability
(b) Cost segregation
(c) Applicability of Multi-product Firm
(d) Change in selling price
Ans (a) Technical stability
- Which of the following is a method of computation of Break-even analysis ?
(a) Mathematical Method
(b) Graphical Method
(c) Both (a) and (b) above
(d) Neither (a) nor (b) above
Ans (c) Both (a) and (b) above
- Which of the following is a utility of Break-even analysis ?
(a) Risk valuation
(b) Understanding Accounting Data
(c) Profit improvement
(d) All of the above
Ans (d) All of the above