In process of examining, occurred changes in total revenues, operating income and costs is known as
A. revenue analysis
B. costs analysis
C. operating income analysis
D. cost volume profit analysis
Answer: Option D
Solution(By Examveda Team)
In process of examining, occurred changes in total revenues, operating income and costs is known as cost volume profit analysis. Cost-volume-profit (CVP) analysis is a method of cost accounting that looks at the impact that varying levels of costs and volume have on operating profit.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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