Question: Identify the correct statement below as it relates to the margin of safety: Multiple Choice The margin of safety represents the amount that Sales can

 Identify the correct statement below as it relates to the margin

Identify the correct statement below as it relates to the margin of safety: Multiple Choice The margin of safety represents the amount that Sales can drop before an organization meets its break-even point. The margin of safety is useful to management because it calculates by how much sales units have to increase for management to go from a loss position, to a profit position. The margin of safety calculation can be expressed in units, in Sales dollars, as a percentage, as a fixed amount that does not change as sales change, and as a mixed cost value. The margin of safety in Sales dollars can be calculated without calculating the break-even point in Sales dollars

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