A CVP graph presents data on:
A) Profit and loss on a unit basis.
B) Profit, loss, and break-even on a total basis.
C) Profit, loss, and break-even on a unit basis.
D) Only profit and loss on a total basis.
E) Profit and loss on a budget and actual basis.

Question

Quizplus · Accepted Answer

A CVP (Cost-Volume-Profit) graph shows the relationship between total revenue, total costs, and profit or loss at various levels of sales volume, including the break-even point, on a total basis.

A CVP Graph Presents Data On