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    Introduction to Management Accounting Study Set 1
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    Exam 15: Basic Accounting: Concepts, techniques, and Conventions
  5. Question
    A Multiple Step Income Statement ________
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A Multiple Step Income Statement ________

Question 36

Question 36

Multiple Choice

A multiple step income statement ________.


A) lists all the expenses together and calculates a total
B) has a subtotal for gross profit
C) has a subtotal for total assets
D) has a subtotal for total retained earnings

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