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    Fundamentals of Cost Accounting
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    Exam 14: Business Unit Performance Measurement
  5. Question
    Divisional Income Statements Do Not Have to Follow Generally Accepted
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Divisional Income Statements Do Not Have to Follow Generally Accepted

Question 20

Question 20

True/False

Divisional income statements do not have to follow generally accepted accounting principles (GAAP)because they are internal reports.

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