Assume Only the Specified Parameters Change in a CVP Analysis

question 166

Multiple Choice

Assume only the specified parameters change in a CVP analysis. The contribution margin percentage increases when ________.

• A) total fixed costs increase
• B) total fixed costs decrease
• C) variable costs per unit increase
• D) variable costs per unit decrease

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Celerity

The quality of being quick or prompt; swiftness of action or motion.

Endurance

Sustaining of interaction with the environment.

Minnesota Importance Questionnaire

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Counselor

A professional trained to provide guidance and support in personal, social, or psychological matters.