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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.
Income Statement. Definition: The income statement is a financial report that shows an entity's financial results over a specific period of time.ncome Statement. Definition: The income statement is a financial report that shows an entity's financial results over a specific period of time.