The sales level at which a company neither eams a profit nor incurs a loss is the: Select one: O a. Break even point. O b. Relevant range. O c. Contribution margin O d. Margin of safety A department that incurs costs without directly generating revenues is a(n): Select one: O a. Performance center, O b. Cost center O c. Investment center, O d. Profit center Horizontal analysis Select one: O a. Is the presentation of financial ratios O b. is a method used to evaluate changes in financial data across time. O c. Evaluates financial data across industries O d. Is a tool used to evaluate financial statement items relative to industry statistics. A responsibility accounting system Select one: O a. Is designed to measure the performance of managers in terms of uncontrollable costs O b. Should hold a manager responsible for all costs incurred by his responsibility center and evaluate his/her performance accordingly O.c. Should hold a manager responsible for costs over which the manager has no influence, O d. Assigns responsibility for costs to the appropriate managerial level that controls those costs