Cost, Volume and Profit Analysis MCQs

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1. If contribution margin is positive?

 
 
 
 

2. At the breakeven point:

 
 
 
 

3. A complete CVP graph will show that profit or loss at any level of sales is measured by:

 
 
 
 
 
 
 
 

5. The impact on net operating income of any given dollar change in total sales can be computed by applying which ratio to the dollar change?

 
 
 
 

7. Which of the following represents the CVP equations?

 
 
 
 

8. Margin of safety is a term best described as the excess of:

 
 
 
 

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