Managerial accounting is all about making informed decisions. Cost-volume-profit (CVP) analysis is one of the most influential tools available for managers to crunch numbers, gain a thorough understanding of the condition and perform a what-if analysis.
Write down a paper which is at least 750 words (papers less than 750 words will receive a reduction in points) in which you describe the activities and share how CVP analysis might be helpful to an entrepreneur starting a new business.