ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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BREAK-EVEN POINT Definition
BREAK-EVEN POINT is the volume point at which revenues and costs are equal; a combination of sales and costs that will yield a no profit/no loss operation.
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ACCRUAL ACCOUNTING see ACCRUAL BASIS OF ACCOUNTING.
TOTAL CURRENT ASSETS is total of cash & equivalents, trade receivables, inventory and all other current assets.