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A Company's Sales and Production Levels Are the Same

Question 41

Multiple Choice

A company's sales and production levels are the same.The amount of income presented on a contribution margin format income statement


A) will always be greater than that shown on a traditional GAAP income statement.
B) will always be less than that shown on a traditional GAAP income statement.
C) will always be the same as that shown on a traditional GAAP income statement.
D) will not differ from that shown on a traditional GAAP income statement regardless of the level of production and sales.

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