Description 1. What are the components of cost-volume-profit (CVP) analysis? 2.How does a CVP income statement help management make decisions? 3.How does a company’s operating leverage effect its profitability? 4.In what type of business decisions can incremental analysis be used? 5.Why is it important for a manager to understand break-even or cost-volume-profit analysis? 6.What is incremental analysis? 7.In what types of situations is incremental analysis most useful? 8.Does your current organization use CVP Analysis or Break Even Analysis? If so, what kinds of information has been gained from using these techniques?