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kwmusick kwmusick
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A year ago
A traditional GAAP income statement does not help managers predict the financial results of their decisions. Which of the following is a reason for this shortcoming?

▸ The GAAP statement is based on function rather than classification.

▸ The GAAP statement is based on cost behavior rather than cost function.

▸ The GAAP statement is based on classification rather than function.

▸ The GAAP statement is based on cost function rather than cost behavior.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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mrivas57mrivas57
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A year ago
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kwmusick Author
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this is exactly what I needed
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