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Margin of safety is a key concept in financial management and accounting, representing the difference between actual or projected sales and the break-even sales level. It indicates the extent to which sales can fall before a business incurs a loss. Essentially, it measures the risk cushion available to a company, showing how much sales can _____ ________ ______ _________ ___ ____ __________ _________ _________ _______ __________ _____.
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