Question No: 2 ( Marks: 1 ) - Please choose one
A firm can lower its breakeven level by doing which of the following actions?
► Lowering direct cost
► Increasing variable cost
► Increasing direct cost
► Lowering sales price
http://blog.accountingcoach.com/breakeven-point/
Question No: 9 ( Marks: 1 ) - Please choose one
A company is holding cash as a buffer in case of an unexpected need with operations. This is an example of the ________ motive for holding cash.
► Precautionary
► Speculative
► Transactions
► Capital needs
http://www.theglobaltutors.com/Homework-Help/subjects.aspx?topic=575&cateid=19