Question: The contribution margin format income statement: A. is most frequently used for financial statement reporting purposes. B. emphasizes that all costs change in proportion to
The contribution margin format income statement:
A. is most frequently used for financial statement reporting purposes.
B. emphasizes that all costs change in proportion to any change in revenues.
C. results in a larger amount of operating income than the traditional income statement format.
D. uses behavior pattern classification for costs rather than a functional cost classificationapproach.
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