The profit-volume graph shows the relationship between operating income and the number of units sold.

Name: The profit-volume graph shows the relationship between operating income and the number of units sold.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The profit-volume graph is a visual representation of the relationship between operating income (or profit) and the volume of sales (or number of units sold). It helps in determining the break-even point, the level of sales required to cover all costs and generate profit.

The Profit-Volume Graph Shows the Relationship Between Operating Income and the Number