Which of the following statements are true? | Faculties

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Vijay Sangwan

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📊 Management Accounting

Q. Which of the following statements are true?

(A) P/V Ratio can never be used to measure break-even point
(B) Higher the P/V ratio less will be the profit and vice versa
(C) Concept of P/V ratio is also used to determine profit at a given volume of sales
(D) All of the above

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✅ Correct Answer: (C) Concept of P/V ratio is also used to determine profit at a given volume of sales

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