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What is break-even analysis also known as?
  • a)
    Cost-volume-profit analysis.
  • b)
    Integral accounting system.
  • c)
    Non-integrated accounting system.
  • d)
    Integrated accounting system.
Correct answer is option 'A'. Can you explain this answer?
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What is break-even analysis also known as?a)Cost-volume-profit analysi...
Break-even analysis is also known as cost-volume-profit analysis or CVP analysis. It is a method used to study the effects of changes in fixed costs, variable costs, sales price, quantity, and mix on future profits. It helps in determining the break-even point, which is the level of sales or production at which total costs are equal to total revenue. By analyzing the cost-volume-profit relationship, organizations can make informed decisions about pricing, production levels, and overall profitability.
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What is break-even analysis also known as?a)Cost-volume-profit analysis.b)Integral accounting system.c)Non-integrated accounting system.d)Integrated accounting system.Correct answer is option 'A'. Can you explain this answer?
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