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Which of the following statement is correct? Both internal and external income statements are generally prepared using absorption costing. Internal income statements are generally prepared
Which of the following statement is correct?
Both internal and external income statements are generally prepared using absorption costing.
Internal income statements are generally prepared using variable costing and external income statements are generally prepared using absorption
costing.
Internal income statements are generally prepared using absorption costing and external income statements are generally prepared using variable
costing.
Both internal and external income statements are generally prepared using variable costing.
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