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question 3 The advantage of the Contribution Format Income Statement is that it helps managers Group of answer choices a) Clearly distinguish between fixed and

question 3

The advantage of the Contribution Format Income Statement is that it helps managers

Group of answer choices

a) Clearly distinguish between fixed and variable costs

b) Separates selling from administrative expenses

c) Creates an amount called gross margin

d) Is required by GAAP for external reporting purposes

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