A Graphic Presentation of Cost-Volume-Profit Data Is Known as a ________

question 159

Short Answer

A graphic presentation of cost-volume-profit data is known as a ________ graph (or chart); this presentation is also sometimes called a ______________chart.

---

Definitions:

Depreciation Expense

Refers to the allocation of the cost of a tangible asset over its useful life.

Incremental Net Income

The increase in net income resulting from a particular business decision compared to the scenario where the decision is not made.

Income Tax Expense

The amount of money a company or individual owes in taxes based on the taxable income for a given period, typically one year.

Profitability Index

A calculation used to determine the relative profitability of a project by dividing the present value of future cash flows by the initial investment.