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1. CVP analysis looks primarily at the effects of different level of activity on a financial result of a business. financial results 2. Sales volume

1. CVP analysis looks primarily at the effects of different level of activity on a financial result of a business. financial results

2. Sales volume is not usually so predictable and therefore, in the short-run, profitability often (92m hinges upon it. Which of the statements are true?

A) both

B) only 1

C) only 2

D) none

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