Question: 1 ) Explain the two terms Break - even Point and Margin of Safety in CVP analysis and discuss how useful are they in managing

1) Explain the two terms "Break-even Point" and "Margin of Safety" in CVP analysis and discuss how useful are they in managing a business. 2) What is operating leverage and how is it related to the cost structure of any organisation? Give me accurate answer with Harvard style referencing

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