Which of the Following Is an Assumption of Cost-Volume-Profit (CVP)analysis

question 36

Multiple Choice

Which of the following is an assumption of cost-volume-profit (CVP) analysis?

• A)The price per unit does not change as volume changes.
• B)Mangers classify all costs as mixed.
• C)Total fixed costs change in the relevant range.
• D)The number of products produced exceeds the number of products sold.

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Definitions:

Cognitive Therapy

A form of therapy that focuses on how clients’ cognitions (e.g., expectations, attitudes, and beliefs) lead to distress and may be modified to relieve distress and promote adaptive behavior.

Beliefs

Mental attitudes or convictions held by an individual or group regarding the truth or existence of something.

Attitudes

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.

Client-Centered Therapists

Therapists who emphasize the importance of listening to the client in a nonjudgmental manner and facilitating their self-discovery and self-acceptance.