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For internal decisionminusmaking purposes, many companies use the income statement using the ________ approach. For external reporting, most companies use the income statement using the
For internal
decisionminusmaking
purposes, many companies use the income statement using the ________ approach. For external reporting, most companies use the income statement using the ________ approach.
A.
absorption; absorption
B.
contribution; absorption
C.
absorption; contribution
D.
full costing; variable costing
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