The Contribution Margin Approach to the Income Statement

question 3

Multiple Choice

The contribution margin approach to the income statement:

• A)can be used only by manufacturing companies.
• B)shows a contribution margin rather than a net income figure at the bottom of the statement.
• C)organizes costs on a functional basis.
• D)is useful to managers in planning and decision making.

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Definitions:

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Deindividuation

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