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Explain How to Perform Cost-Volume-Profit (CVP)analysis

question 30

Essay

Explain how to perform cost-volume-profit (CVP)analysis.


Definitions:

Performance Effectiveness

An output measure of task or goal accomplishment.

Outputs

The final products, services, or results produced by a process, system, or organization.

Inputs

Resources, materials, or information that are used to produce goods or services in a process or system.

Complex Systems

Systems composed of interconnected parts that as a whole exhibit one or more properties not obvious from the properties of the individual parts.

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