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ACC 349 Week 3 Discussion Questions

In this file you will find overview of the ACC 349 Week 3 Discussion Questions

Discuss Question 1

For what is cost-volume-profit (CVP) analysis used? What are some of the key underlying assumptions that make CVP analysis useful for decision makers? Why might decision makers use CVP analysis?

Discuss Question 2

What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting? Which method is more useful for internal decision-making? Why? As a manager, which would you prefer? Why?

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