Which of the Following Appears as a Line Item in a Contribution

question 25

Multiple Choice

Which of the following appears as a line item in a contribution margin income statement?

• A) Gross profit
• B) Cost of goods sold
• C) Operating income
• D) Selling and administrative expenses

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Definitions:

Lists

Inventories or records in a software or system, detailing items, accounts, or data for easy access and management.

Paycheck Style

Refers to the format or template used to present details on an employee's paycheck, such as earnings, deductions, and net pay.

Electronic

Relating to technology that operates on the principles of electronics; typically involves devices that utilize electrical power to function.

Deluxe

A term often used to describe products or services that are of higher than average quality or additional features.