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Which of the following statements is true regarding CVP analysis? Select one: A. CVP is only useful in a manufacturing context B. CVP cannot be

Which of the following statements is true regarding CVP analysis? Select one: A. CVP is only useful in a manufacturing context B. CVP cannot be used in service industries C. CVP can be used with multiple products only if the product ratio is fixed and based on a weighted average unit contribution margin D. CVP is useful in all types of business and with any number of products and product mixes E. None of the above

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