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Saved 2 (Ch 12) The contribution margin format income statement: Multiple Choice results in a large amount of operating Income then the traditional income statement

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Saved 2 (Ch 12) The contribution margin format income statement: Multiple Choice results in a large amount of operating Income then the traditional income statement format uses a behavior pattern classification for costs rather than a functional cost classification approach. Is most frequently used for financial statement reporting purposes. emphasizes that all conts change in proportion to any change in revenues

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