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    Business
  3. Study Set
    Fundamental Managerial Accounting Concepts Study Set 1
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    Exam 2: Cost Behavior, operating Leverage, and Profitability Analysis
  5. Question
    The Contribution Margin Format Income Statement Is Not Widely Used
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The Contribution Margin Format Income Statement Is Not Widely Used

Question 3

Question 3

True/False

The contribution margin format income statement is not widely used for external financial reporting,but is allowed by GAAP.

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