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