Which of the Following Items Would NOT Be Considered in Cost-Volume-Profit

question 31

Multiple Choice

Which of the following items would NOT be considered in cost-volume-profit analysis?

• A)units of production
• B)fixed costs
• C)product mix
• D)gross profit margin

---

Definitions:

External Transaction

A financial or non-financial exchange between the business and an external party, impacting the financial statements.

Accounting Equation

The foundational principle of double-entry bookkeeping that states assets equal liabilities plus equity.

Business Activity

Any action that is engaged in for the primary purpose of making a profit, including operations, marketing, and production.

Planning

The process of outlining business objectives, strategies, and actions to achieve those objectives.