IIA Exam IIA-CIA-Part3-3P Topic 6 Question 30 Discussion

Actual exam question for IIA's CIA Exam Part Three: Business Knowledge for Internal Auditing exam

Question #: 30
Topic #: 6

A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25,000 shirts. Actual sales total $300,000.

What is margin of safety sales for the company?

A$100,000

B$200,000

C$275,000

D$500,000

Show Suggested Answer

Suggested Answer: B

by Oretha at Sep 01, 2023, 08:15 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!