Match the Type of Income Statement to the Costs It

question 35

Multiple Choice

Match the type of income statement to the costs it includes.
-Fixed factory overhead for the period

• A)Variable costing income statement
• B)Absorption costing income statement
• C)Both types of income statements

---

Definitions:

Containment Policy

A United States policy using numerous strategies to prevent the spread of communism abroad during the Cold War.

Military-Industrial Complex

The relationship between a country's military and the defense industry that supplies it, seen as a vested interest which influences public policy.

Red Scare

Periods of intense fear and suspicion in the United States about communist influence and potential espionage during the early and mid-20th century.

Douglas MacArthur

An American general and field marshal of the Philippine Army who played a prominent role in the Pacific theater during World War II and was later involved in the Korean War until his removal by President Truman.