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Which of the following best describes the contribution approach to the income statement? a. It shows a contribution margin rather than an operating income figure

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Which of the following best describes the contribution approach to the income statement? a. It shows a contribution margin rather than an operating income figure at the bottom of the statement. b. It can be used only by manufacturing companies. c. It organizes costs on a functional basis. d. It shows data based on the cost behavior aspect of fixed and variable

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