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multiple-step income statements: a-contain more detail than simple listing of revenues and expenses b-are required for the perpetual inventory system c-are required by the FASB

multiple-step income statements: a-contain more detail than simple listing of revenues and expenses b-are required for the perpetual inventory system c-are required by the FASB d-list cost of goods sold as an operating expense e-can only be used in perpetual inventory systems

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