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FFMA > Week 9 - Cost Volume Profit Analysis > Flashcards

Week 9 - Cost Volume Profit Analysis Flashcards

1
Q

What is CVP analysis?

A

A short-term decision making tool

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2
Q

What does CVPA do?

A

Helps to meet the needs of directing attention and solving problems

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3
Q

What is the objective of CVPA?

A

To establish what will happen to the financial results if a specified level of activity or volume fluctuates

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FFMA (47 decks)

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