The accountant for Sparks Electric, Inc. failed to make an adjusting entry to record $3,000 of telephone expenses for the last two months of the year. Which of the following statements is true?

The point where the revenue, from the sales of the products (units) offered to the marketplace, equals the total costs (variable costs + fixed costs) associated with producing these products (units) is called the:

A. equilibrium volume B. balanced quantity C. contribution margin D. break-even point E. full contribution point

________ are statistical techniques suitable for analyzing data when there are two or more measurements on each element and the variables are analyzed simultaneously

A) Univariate techniques B) Multivariate techniques C) Random techniques D) Parallel techniques E) Uniform techniques