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  3. the margin of safety is: a. the excess of sales ov

The margin of safety is: a. The excess of sales over variable expenses. b. The...

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Accounting

The margin of safety is:

a. The excess of sales over variable expenses.

b. The excess of sales over fixed expenses.

c. The excess of sales over the break-even volume of sales.

d. The excess of net operating income over actual net operating income.

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