Why is absorption costing not used for CVP analysis?
Absorption costing is not used in break-even analysis because it presents a classification of costs by function rather than by behavior. Without a behavioral classification of costs, it is impossible to predict how total costs change as volume changes.
Business
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Networking is said to be the key to finding a job, however, its easier said then done.
What will be an ideal response?
Business
For a general ledger accounting system to be properly maintained, data must be
A) collected. B) recorded. C) properly classified and entered into appropriate records for further summations. D) All of these answers are correct.
Business