Cost-volume-profit (CVP) analysis is a technique that examines the interrelationship between cost, volume and profit at constant activity levels.

Name: Cost-volume-profit (CVP) analysis is a technique that examines the interrelationship between cost, volume and profit at constant activity levels.
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CVP analysis examines the interrelationship between cost, volume, and profit, but it does not assume constant activity levels; it analyzes how changes in activity levels affect costs and profits.

Cost-Volume-Profit (CVP) Analysis Is a Technique That Examines the Interrelationship