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7 years ago
Following GAAP, the income statement issued to investors and creditors must ________.
A) be prepared using variable costing
B) be prepared in the contribution margin format
C) show the value of contribution margin
D) be prepared in the traditional format
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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7 years ago
Makes perfect sense, thx
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