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1. a. What is break-even analysis [2 marks] b. Much of the information managers use to plan and control reflects a relationship among three
1. a. What is break-even analysis [2 marks] b. Much of the information managers use to plan and control reflects a relationship among three variables. Name these variables [3 marks] c. There are five assumptions underlying Cost, Volume, Profit (CVP) anlaysis. State any three (3) of these [3 marks] d. Sketch and label the Break-even Chart. [7 marks]
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
