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The Fourteen Points did not include
Cost-Volume-Profit Analysis
An accounting method used to determine the effects of changes in costs and volume on a company's profits.
Relevant Range
The range of activity within which the assumptions about fixed and variable cost behavior are valid.
Cost-Volume-Profit Analysis
A management accounting technique used to determine how changes in costs and volume affect a company's operating income and net income.
Future Cost Changes
Refers to the anticipated variations in the costs of goods and services over time, affecting budgeting and financial planning.
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