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

question 33

Multiple Choice

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

Office Supplies

Items used in offices for daily operations, including paper, pens, and other materials not directly linked to the manufacturing process.

Supplier's Account

An account used to record transactions and balances owed to suppliers.

Customer Account

An account representing the ongoing transactions, balances, and records of purchases and payments between a company and its customer.

Customer Account

An account maintained by a business for each customer to track transactions, balances, and other relevant information.