The margin of safety is: the excess of budgeted or actual sales over budgeted or actual variable
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the excess of budgeted or actual sales over budgeted or actual variable expenses.
the excess of budgeted or actual sales over budgeted or actual fixed expenses.
the excess of budgeted or actual sales over the break-even volume of sales.
the excess of budgeted net operating income over actual net operating income.
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Related Book For 
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
Posted Date:
