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CVP income statement is arranged to show variable expenses, contribution margin and fixed expenses allowing a business to make cost volume profit decisions. CVP income statement is arranged to show variable expenses, contribution margin and fixed expenses allowing a business to make cost volume profit decisions.
While CFP Boardâs fiduciary standard is reserved for financial planning services, the Standards nevertheless require a high duty of care for all CFPÂ® professionals in any type of client relationship: A CFPÂ® professional shall at all times place the interest of the client ahead of his or her own. [See Rule 1.4]