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Seneca College *

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Management

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Nov 24, 2024

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Uploaded by BrigadierWillpower1924

10/30/23, 8:22 PM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4638415&cmid=1260498&page=8 1/2 Dashboard / My courses / [Seneca 09/2023] HTM440NHA - Nardi / CHAPTER 4 - Cost-Volume-Profit Analysis / Chapter 4 Quiz Question 9 Correct Mark 1.00 out of 1.00 Why is it helpful to perform a CVP analysis? Select one: a. It is required when doing managerial accounting. b. External users require this information. c. It is helpful for managers to recognize how depreciation can affect profits. d. It helps managerial accountants understand the relationship among volume, profits and costs.  Your answer is correct. Explanation: CVP analysis is a tool that managerial accountants use to understand the relationship among volume, profits and costs. The correct answer is: It helps managerial accountants understand the relationship among volume, profits and costs.

10/30/23, 8:22 PM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4638415&cmid=1260498&page=8 2/2

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