Question
Cost volume profit analysis is otherwise called as
Answer: Option C
Cost volume profit analysis is otherwise called as break even analysis. Break-even analysis is a technique widely used by production management and management accountants. It is based on categorising production costs between those which are "variable" (costs that change when the production output changes) and those that are "fixed" (costs not directly related to the volume of production).
Was this answer helpful ?
Cost volume profit analysis is otherwise called as break even analysis. Break-even analysis is a technique widely used by production management and management accountants. It is based on categorising production costs between those which are "variable" (costs that change when the production output changes) and those that are "fixed" (costs not directly related to the volume of production).
Was this answer helpful ?
More Questions on This Topic :
Question 4. Strategic planning is done at....
Question 6. Strategic planning is....
Question 8. Operational planning is done at....
Question 9. Crisis decision is also known as ________.....
Latest Videos
Latest Test Papers
Submit Solution