Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS Exam L3M3 Topic 2 Question 32 Discussion

Actual exam question for CIPS's L3M3 exam
Question #: 32
Topic #: 2
[All L3M3 Questions]

What do we call the point when the supply firm makes neither a profit nor a loss ie where all costs are covered yet no profit is made?

Show Suggested Answer Hide Answer
Suggested Answer: B

Breakeven point. The firm breaks even: covers all of its fixed costs. At this point the firm has made neither a profit nor a loss, and hopefully is about to enter profitability.


by Joanna at Mar 19, 2025, 07:56 AM

Limited Time Offer

25%

Off

Get Premium L3M3 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Billye
11 days ago
This question is a piece of cake! The breakeven point is clearly the correct answer. I could do this in my sleep.
upvoted 0 times
...
Kerry
13 days ago
Tipping point? I guess that's when the supply firm decides to just pack it up and call it a day. Not quite what we're looking for here.
upvoted 0 times
...
Lashaunda
13 days ago
I agree with Meaghan, A) Breakeven point makes sense.
upvoted 0 times
...
Keith
16 days ago
Point of no return? That sounds a bit dramatic. I think the breakeven point is the right answer.
upvoted 0 times
...
Meaghan
16 days ago
I think it's A) Breakeven point because that's when costs are covered.
upvoted 0 times
...
Lindy
20 days ago
Trig point? What is this, a geometry exam? I'm pretty sure that's not the correct answer here.
upvoted 0 times
...
Jerrod
22 days ago
A) Breakeven point
upvoted 0 times
...
Cordell
25 days ago
The breakeven point is where the supply firm covers all its costs, but doesn't make any profit. Simple enough, right?
upvoted 0 times
Billye
3 days ago
B) Trig point
upvoted 0 times
...
Colene
8 days ago
That's correct. The breakeven point is where costs are covered but no profit is made.
upvoted 0 times
...
Stephaine
11 days ago
A) Breakeven point
upvoted 0 times
...
...

Save Cancel