Bihar Board 12th Entrepreneurship Objective Answers Chapter 13 Break-Even Analysis

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 13 Break-Even Analysis

Question 1.
B.E.P.=

Answer:
(A)

Question 2.
Contribution:
(A) Sales Less Total Cost
(B) Sales Less Variable Cost
(C) Sales Leu Fixed Cost
(D) None of these
Answer:
(B) Sales Less Variable Cost

Question 3.
Margin of Safety:
(A) Sales Less Contribution
(B) Actual Sales Less B .E.P. Sales
(C) BEP Sales Less Actual Sales
(D) None of these
Answer:
(B) Actual Sales Less B .E.P. Sales

Question 4.
P/V Ratio:

Answer:
(A)

Question 5.
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 the above
Answer:
(A) Margin of safety

Question 6.
What break-even point shows ?
(A) Profit
(B)Loss
(C) Neither profit nor loss
(D) None of the above
Answer:
(C) Neither profit nor loss

Question 7.
Profit volume ratio shows the relation between whom ?
(A) Contribution and profit
(B) Contribution and loss
(C) Contribution on and sales
(D) None of the above
Answer:
(C) Contribution on and sales