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cost-volume-profit (CVP)

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

The analysis of how profits change as volume changes. The calculation of the break-even point is a part of cost-volume-profit analysis.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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