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The Amount of Income Presented on a Contribution Format Income

Question 58

Multiple Choice

The amount of income presented on a contribution 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) May or may not differ from that shown on a traditional GAAP income statement depending on the level of production and sales.

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