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A-LevelAccountingTraditional costing methods9706/12 · Oct/Nov 2020 · Q281 Mark

Which statements about cost-volume-profit analysis are correct? 1 It applies over any time period. 2 It is suitable for any range of output. 3 Profits are calculated using marginal costing.

A1 and 3
B1 only
C2 and 3
D3 only

✓ Correct answer

D: 3 only

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About this question

Topic
Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 28.

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