Which of the following is an assumption underlying standard CVP analysis?
A. Fixed expenses will change as volume increases.
B. In multiproduct companies, the sales mix is constant.
C. The price of a product or service is expected to change as volume changes.
D. In manufacturing companies, inventories always change.
Answer: B
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The development of a new information system is economically justified if the _____.
A. benefits outweigh the costs B. operational costs are high C. return on investment is negative D. costs exceed returns
Explain the difference between univariate and multivariate techniques
What will be an ideal response?
Given each of the following errors, indicate on the table below the amount by which the trial balance will be out of balance and which trial balance column (debit or credit) will have the larger total as a result of the error. a. $100 debit to Cash was debited to the Cash account twice.b. $1,900 credit to Sales was posted as a $190 credit.c. $5,000 debit to Office Equipment was debited to Office Supplies.d. $625 debit to Prepaid Insurance was posted as a $62.50 debit.e. $520 credit to Accounts Payable was not posted.ErrorAmount Out of Balance?Column Having Larger Totala.???b.???c.???d.???e.???
What will be an ideal response?
A good relationship with the client can be maintained if the:
A. salesperson outdoes the client. B. client takes full control. C. client outdoes the salesperson. D. roles and expectations of each person are defined. E. salesperson changes the client's mind on issues.