Multiple Choice
The contribution approach to the income statement offers several benefits to decision makers.Which of the following is NOT a benefit of this approach?
A) This approach makes it easier to understand the impact of changes in sales volume on operating income.
B) This approach stresses the role of fixed costs in operating income.
C) This approach is used with CVP analysis.
D) This approach is accepted by U.S. Generally Accepted Accounting Principles.
Correct Answer:
Verified
Correct Answer:
Verified
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