Why might the operating profit calculated by CVP analysis differ from the net income reported in financial

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Why might the operating profit calculated by CVP analysis differ from the net income reported in financial statements for external reporting?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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