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Cost-volume-profit (CVP) analysis is very useful for decision making, but it works under certain assumptions and limitations such as Mumpie Choice The only factor
Cost-volume-profit (CVP) analysis is very useful for decision making, but it works under certain assumptions and limitations such as Mumpie Choice The only factor that affects costs is the change in the level of employee engagement The composition of sales (sales mix) of a business changes within the relevant range. The analysis is invalid within a relevant range, All costs must be classifiable between fixed and variable costs 4
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