The margin of safety is: A) the excess of budgeted or actual sales over budgeted or actual variable expenses. B) the excess of budgeted or actual sales over budgeted or actual fixed expenses. C) the excess of budgeted or actual sales over the break-even volume of sales. D) the excess of budgeted net operating income over actual net operating income

The correct answer is letter "C": the excess of budgeted or actual sales over the break-even volume of sales.

Explanation:

The margin of safety represents the current level of the sales of a company after it surpassed the break-even point. The sales break-even point volume represents the stage in which the firm does not make profits but does not incur losses. Then, the margin value is useful so the organization knows how far or close its sales are from not generating revenue.

107x106 is the answer

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants