How might cvp help to reduce uncertainty

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Please take a look in to this 2 paper and Share your thoughts on the following question: How might CVP help to reduce uncertainty? What other techniques might be used, perhaps in conjunction with CVP to help deal with uncertainty. Reference: Chan, Y.L. & Yuan, Y. (1990) 'Dealing with fuzziness in cost-volume-profit analysis', Accounting and Business Research, 20(78), pp. 83-95 Yunker, J.A., & Yunker, P.J. (2003) 'Stochastic CVP analysis as a gateway to decision-making under uncertainty', Journal of Accounting Education. 21(4), pp. 339-365 

Reference no: EM13835201

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