Question: CVP analysis is both simple and simplistic. If you want realistic analysis to underpin your decisions, look beyond CVP analysis. Do you agree? Explain. There

"CVP analysis is both simple and simplistic. If you want realistic analysis to underpin your decisions, look beyond CVP analysis." Do you agree? Explain.

"There is no such thing as a fixed cost. All costs can be unfixed given sufficient time." Do you agree? What is the implication of your answer for CVP analysis? Provide

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