Which of the Following Is NOT a Correct Statement Regarding

Multiple Choice

Which of the following is NOT a correct statement regarding break-even?

A) Accounting break-even is the sales level that results in zero project net income.
B) The cash break-even is the sales level that results in zero OCF.
C) The financial break-even is the sales level that results in zero NPV.
D) If there is depreciation the cash break-even will exceed the accounting break-even.
E) Of the three break-evens, the financial break-even point is typically the highest.