A strength of the CVP model is that it uses a single revenue driver and a single cost driver.

Name: A strength of the CVP model is that it uses a single revenue driver and a single cost driver.
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Quizplus · Accepted Answer

The statement is false because using a single revenue driver and a single cost driver is actually a limitation of the Cost-Volume-Profit (CVP) model, not a strength. This simplification can make the model less accurate in complex business environments where multiple factors affect costs and revenues.

A Strength of the CVP Model Is That It Uses