(Answered) Questions -1 what do you understanding by the cvp

Accounting

Questions -

1. What do you understanding by the CVP analysis? What are the key parameters influencing the CVP analysis?

2. What do you understand by Opportunity, Outlay, and Differential Costs and Analysis?

3. What are the three major decisions that are the subject of differential costs?

4. Explain the basic ideas underlying Job order costing? How is different from process costing?

5. Compare variable- and absorption-costing systems and how to reconcile the differences in their approach to income?

6. Explain how budget facilitate planning and Anticipate possible human relation problems caused by budgets.

7. Describe capital-budgeting decisions AND how do o the projects are evaluated?

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