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What is correct about CVP analysis? Question 14 options: any increase in sales volume implies increase in costs. Increase in sales volume increases the firm's
What is correct about CVP analysis? Question 14 options: any increase in sales volume implies increase in costs. Increase in sales volume increases the firm's requirement of short-term and long-term funds Increase in sales volume will always result in increased profits. All of the above are correct only a and b are correct because increase in sales may result in decrease in profits
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