When a firm operates efficiently, responding to changes in market prices and controlling its costs,it is rewarded with profit. yes or not?

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What is Cost-volume-profit(CVP) analysis? please explain it
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19-February-2014

Accounting Accounting Analysis Management

Question added by Md Jiyaul Abdula , Senior Project Accountant , Gate City Trading and Contracting
Date Posted: 2013/10/03

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2 Answers

Mohammed Salim Allana

by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Yes

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Mohammad Sultan Mahmud

by Mohammad Sultan Mahmud , Accounts Manager , Abrar Plastic Industries Ltd

If minimize cost then maximise profit

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