When making net profit evaluations,CVP calculations for target profit must be stated in terms of net profit after tax.

Name: When making net profit evaluations,CVP calculations for target profit must be stated in terms of net profit after tax.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

CVP (Cost-Volume-Profit) calculations for target profit are typically stated in terms of operating income or profit before tax. Adjustments for taxes are made after the CVP analysis to determine the net profit after tax.

When Making Net Profit Evaluations,CVP Calculations for Target Profit Must