CVP (Cost-Volume Profit) Analysis Flashcards
1
Q
This analysis assumes a linear revenue function and a linear cost function.
A
CVP Analysis
2
Q
A tool for planning and decision-making that emphasizes interrelationships between and among severable variables.
A
CVP Analysis
3
Q
The term used that talks about selling price per unit.
A
Price
4
Q
The term used that talks about total amount of sales.
A
Sales Revenue
5
Q
This is constant in total, and is inversely proportional per unit.
A
Fixed Cost
6
Q
A
