Which of the Following Is Not a Use of the CVP

question 86

Multiple Choice

Which of the following is not a use of the CVP relation?

• A)To plan profit.
• B)To evaluate a change in mix of fixed and variable costs.
• C)To evaluate the time value of money on a business decision.
• D)To evaluate the change in short-term prices.
• E)All of the above are uses of the CVP relation.

---

Definitions:

Referents

Objects or events in the world that words or phrases identify or stand for in communication.

Subject Class

A category or group of subjects that share common characteristics or attributes.

Subcontraries

In logic, subcontraries refer to a pair of propositions in Aristotelian or traditional square of opposition that cannot both be false, although they can both be true.

Referents

Objects, events, or concepts to which words, symbols, signs, or expressions refer.