Managers can use cost-volume-profit analysis to: I Select which products to offer.
II Reward managers for high performance.
III Make decisions about how to finance expanding operations.
A) I only
B) II and III only
C) I and III only
D) I, II, and III

Question

Quizplus · Accepted Answer

Cost-volume-profit analysis helps managers understand the relationship between costs, volume, and profit, which is useful for selecting products to offer and making financing decisions for expansion, but not for rewarding managers.

Managers Can Use Cost-Volume-Profit Analysis To: I Select Which Products