Question: We have seen how cost and volume assumptions affect net income. A common application of CVP analysis is a tool to forecast sales, costs, and

We have seen how cost and volume assumptions affect net income. A common application of CVP analysis is a tool to forecast sales, costs, and income.

Assume that you are actively searching for a job. Identify and discuss three assumptions relating to your expected revenue (salary), and three assumptions related to your expected costs (expenses) for the first year of your new job.

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