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1)Define CVP analysis and Break Even point. Discuss the assumptions of CVP analysis. 2) What is marginal costing? State the feature of Marginal costing. 3)

1)Define CVP analysis and Break Even point. Discuss the assumptions of CVP analysis.

2) What is marginal costing? State the feature of Marginal costing.

3) What is income statement? State the importantance of income statement.

4) What is accounting Equation? Classify the various types of accounts with example.

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