Which of the Following Items Is NOT an Assumption of CVP

question 74

Multiple Choice

Which of the following items is NOT an assumption of CVP analysis?

• A)All revenues and costs can be added and compared without taking into account the time value of money.
• B)The unit-selling price is known and constant.
• C)Total costs can be divided into a fixed component and a component that is variable with respect to the level of output.
• D)When graphed,total costs curve upward.

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Definitions:

Root Reinforcement

Additional material added at the root of a weld joint to ensure the joint has sufficient thickness and strength.

Groove Welds

Welds that fill in the groove between two adjacent components to join them, used in various types of joint designs.

Contour

The outline or surface form of an object, which can be represented graphically or through mathematical equations in design and analysis.

Weld Symbol

A weld symbol is a set of standardized symbols used in blueprints and technical drawings to specify the type, size, and other details of a weld to be made on metal parts.