Which of the Following Statements Is

question 23

Multiple Choice

Which of the following statements is

• A) Under variable costing,the income statement is prepared using a contribution margin approach.
• B) Variable costing is not allowed for external financial reporting,but many companies find it useful for internal managerial reports.
• C) Under variable costing,an increase in production increases the amount of profit reported on the income statement,even if the additional units are not sold.
• D) Under variable costing,fixed manufacturing costs are expensed in the period incurred.

---

Definitions:

SAS Proficiency

The level of skill or expertise in using the SAS statistical software for data analysis.

Ease Of Learning

The degree to which a new skill or body of knowledge can be acquired by a learner with ease, often influenced by the complexity of the subject matter and the learner's background.

Column Proportion

The ratio of the frequency of each category to the total number of observations in the column, often used in categorical data analysis.

SAS Proficiency

The level of skill and knowledge in using SAS (Statistical Analysis System), a software suite used for advanced analytics, multivariate analyses, business intelligence, and data management.