Certified Associate Project Management

Management accounting MINI QUESTION 1MAIN USES AND LIMITATION OF COST VOLUME ANALYSIS It involves studying the behavior of costs in relationship to the given level of activity. Managers attempt to understand the relationship between cost, revenue and net income. Uses It's useful to managers because it shows them how changes in activity levels will influence the profitability levels. Managers can also identify critical output from which the organization will break even.... Read full post here