"CVP is both simple and simplistic. If you want realistic analysis to underpin your decisions, look beyond CVP." Do you agree? Explain.

CVP certainly is(complicated/simple), with its assumption ofa (single/numerous) revenue driver(s), a (single/numerous) cost driver(s), and linear revenue and cost relationships. Whether these assumptions make it simplistic (depends/does not depend) on the decision context. In some cases, these assumptions may be (too inaccurate/sufficiently accurate) for CVP to provide useful insights. Which of the following in brackets is the answer?