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    Financial and Managerial Accounting Study Set 11
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    Exam 15: Introduction to Managerial Accounting
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    The Income Statement for Both a Merchandiser and a Manufacturer
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The Income Statement for Both a Merchandiser and a Manufacturer

Question 179

Question 179

Multiple Choice

The income statement for both a merchandiser and a manufacturer would include


A) operating expenses
B) direct materials
C) direct labor incurred
D) cost of goods manufactured

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