The Vertical Axis of the Cost-Volume-Profit Chart Represents

question 16

Multiple Choice

The vertical axis of the cost-volume-profit chart represents:

• A) margin of safety.
• B) direct costs.
• C) volume of units.
• D) committed fixed costs.

---

Definitions:

Social

Pertaining to society or its organization, and also often indicating social interactions or social media platforms.

Physiological

Relating to the normal functions of living organisms and their parts.

Psychological

Pertains to the mental processes and behavior of individuals and how they perceive, react, and engage with their environment.

Maslow Hierarchy

Maslow's Hierarchy is a psychological theory proposing that human needs are arranged in a hierarchy, from basic physical needs to complex psychological needs, influencing motivation and behavior.