INTEGRATED REVIEW 2: Management Advisory Services (MAS)

#2 | Cost-Volume-Profit Analysis



cvpp

1.	Total unit cost

A.	needed for determining product information

B.	irrelevant in marginal analysis

C.	independent cost system

D.	relevant for cost-volume-profit analysis

(CPAR Reviewer, 2018)



2.	The rate or amount that sales may decline before losses are incurred is called:

A.	residual income rate

B.	variable sales ratio

C.	sensitive level of income

D.	margin of safety

(CPAR Reviewer,...
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