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

question 49

Multiple Choice

CVP analysis can be used in the following type(s) of organization:
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

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Definitions:

Mid-Ocean Ridges

Oceanic mountain chains that develop due to the movements of tectonic plates, leading to the formation of new sea floor as a result of volcanic eruptions.

Cracks

Thin, linear fractures or separations in materials or geological formations, typically occurring without the displacement of the sides.

Subduction Zone

A zone in which subduction takes place, either referring to the actual downgoing slab and its surroundings or to the region, including Earth’s surface, above the subducting slab.

Mid-Ocean Ridge

A long mountain range on the floor of the ocean, associated with seafloor spreading.