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Match the following components of Office 2013 and their function:
I. Backstage view
II. Quick Access Toolbar
III. title bar
IV. Ribbon
V. Dialog Box Launcher
A. easy access to commonly executed tasks
B. displays the current file name and application
C. used to print, save, open, close, and share a file
D. contains tabs, groups, and commands
E. opens a corresponding box that provides access to precise tools
Variable Costing
An accounting method that only includes variable costs (costs that change with production levels) in product costs.
Absorption Costing
An accounting method that allocates all manufacturing costs, including both fixed and variable costs, to the product, used for external financial reporting and tax purposes.
Contribution Format
A type of income statement format that separates fixed costs from variable costs to highlight the contribution margin.
Income Statement
A financial report that shows a company’s revenues, expenses, and net income over a specific period, illustrating the company’s financial performance.
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