Which one of the following control techniques provides basis for collective actions to be taken to improve future performance?

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · June 2013
Which one of the following control techniques provides basis for collective actions to be taken to improve future performance?
(A) Internal audit
(B) Standard costing
(C) Break-even analysis
(D) Statistical control.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Break-even analysis. Break-even analysis identifies the no-profit/no-loss sales level and provides a basis for corrective action to improve future performance.

Topics: Business Management

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