Accountants develop CVP analysis to help managers decide which products or services to emphasise.

Name: Accountants develop CVP analysis to help managers decide which products or services to emphasise.
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Question

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Cost-Volume-Profit (CVP) analysis is a tool used by accountants to determine the relationship between sales volume, costs, and profits. This can help managers make decisions about which products or services to emphasize based on their contribution margin and break-even point.

Accountants Develop CVP Analysis to Help Managers Decide Which Products