A Cost-Volume-Profit Chart Is Also Known as A(n)

question 168

Multiple Choice

A cost-volume-profit chart is also known as a(n)

• A) Operating profit chart.
• B) Operating leverage chart.
• C) Break-even chart.
• D) Margin of safety chart.
• E) Sales chart.

---

Definitions:

Leading Indicators

Factors in the economy that shift prior to the overall economy beginning to adopt a specific direction or trend, utilized for forecasting upcoming economic activities.

Lagging Indicators

Metrics that reflect the economy’s historical performance and changes, becoming apparent after an economic activity.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of an organization, enhancing its internal and external communications and monitoring its performance against strategic goals.

Cause-and-Effect Relationships

Connections between events where one or more events cause another event to happen.