Assume You Are Preparing an Income Statement with Different Segments

question 62

Multiple Choice

Assume you are preparing an income statement with different segments.To calculate the contribution by segment,take contribution controllable by segment manager minus ________.

• A) unallocated costs
• B) variable operating expenses
• C) fixed costs controllable by others(not segment manager)
• D) fixed costs controllable by segment manager

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Definitions:

Private

In object-oriented programming, an access modifier that restricts visibility of a class member to within the class itself.

Static

A keyword in programming that denotes a member of a class that belongs to the class itself rather than to any specific instance of the class.

Private Method

A function or method in a class that cannot be accessed directly from outside the class but can be called by other methods within the same class.

Legal Statement

A syntactically correct statement according to the rules of the programming language being used.