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Which not is true of certification?
Income Statement
A financial statement that reports a company’s financial performance over a specific accounting period.
Manufacturing Margin
The difference between the cost of goods produced and the sales revenue from those goods, indicating the profitability of manufacturing activities.
Contribution Margin
The difference between sales revenue and variable costs, used to cover fixed costs and contribute to profits.
Gross Margin
The financial metric representing the difference between revenue and the cost of goods sold, divided by revenue, often expressed as a percentage. It indicates how efficiently a company is using its resources to produce goods.
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