The Amount of Income Presented on a Contribution Format Income

question 58

Multiple Choice

The amount of income presented on a contribution format income statement

• A)Will always be greater than that shown on a traditional GAAP income statement.
• B)Will always be less than that shown on a traditional GAAP income statement.
• C)Will always be the same as that shown on a traditional GAAP income statement.
• D)May or may not differ from that shown on a traditional GAAP income statement depending on the level of production and sales.

---

Definitions:

Muslin

A lightweight, breathable cotton fabric used for making clothes, curtains, and other items.

National Notifiable Disease Surveillance System

A system used in the United States to monitor the occurrence and spread of designated notifiable diseases.

CDC

The Centers for Disease Control and Prevention, a national public health institute in the United States focused on preventing and controlling infectious diseases and other health threats.