A cost-volume-profit graph is frequently used in business meetings because it presents a picture of cost relationships within a company. Briefly describe the type of information and data that you would need in order to prepare a CVP graph. After a CVP graph is prepared what are the major points that could be made from the graph that would be of interest to management?

Question

Quizplus · Accepted Answer

The Answer of A cost-volume-profit graph is frequently used in business meetings because it presents a picture of cost relationships within a company. Briefly describe the type of information and data that you would need in order to prepare a CVP graph. After a CVP graph is prepared what are the major points that could be made from the graph that would be of interest to management?

A Cost-Volume-Profit Graph Is Frequently Used in Business Meetings Because