CVP analysis can be used in the following type(s) of organisation I Manufacturing
II Service
III Not-for-profit
A) I and III only
B) II and III only
C) I and II only
D) I, II, and III

Question

Quizplus · Accepted Answer

CVP (Cost-Volume-Profit) analysis can be applied to all types of organizations, including manufacturing, service, and not-for-profit, as it helps in understanding the relationship between costs, volume, and profit.

CVP Analysis Can Be Used in the Following Type(s) of Organisation