A Cost-Volume-Profit Graph Is Frequently Used in Business Meetings Because

question 103

Essay

A cost-volume-profit graph is frequently used in business meetings because it presents a picture of cost relationships within a company. Briefly describe the type of information and data that you would need in order to prepare a CVP graph. After a CVP graph is prepared what are the major points that could be made from the graph that would be of interest to management?

---

Definitions:

Text Message

A form of electronic communication where short messages are sent over cellular networks between mobile devices.

Verbal

Pertaining to words, either spoken or written, as a means of communication or expression.

Active Listening

The process of fully concentrating, understanding, responding, and remembering what is being said during communication.

True Meaning

The genuine significance or deepest understanding of a concept, situation, or message.