Cost-Volume-Profit Analysis (CVP) is a managerial accounting tool that examines the relationship between costs, sales volume, and profit. It helps businesses determine the breakeven point and assess the impact of changes in costs and volume on profitability. CVP meaning in accounting is crucial for decision-making, budgeting, and financial planning. By analyzing fixed and variable costs, CVP aids in optimizing pricing strategies and resource allocation.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
