Question: The margin of safety is the difference between _____________. a. budgeted expenses and breakeven expenses b. budgeted revenues and breakeven revenues c. actual operatin income

The margin of safety is the difference between _____________.

a. budgeted expenses and breakeven expenses

b. budgeted revenues and breakeven revenues

c. actual operatin income and budgeted operating income.

d. actual sales margin and budgeted sales margin

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