Which of the Following Statements About Business Unit Reporting Is/are

question 102

Multiple Choice

Which of the following statements about business unit reporting is/are true?
i. Business unit reports distinguish between costs that are controllable by the business unit manager and costs that are beyond the influence of the business unit manager.
ii. These statements must be presented in an absorption-costing format.
iii. Business unit reporting shows profit and loss statements for the company as a whole and for its major business units.

• A) i and ii
• B) All of the given answers
• C) i and iii
• D) ii and iii

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