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Author Question: GAAP-based income statements categorize expenses based on (Read 25 times)

rubiosusy7

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on: Feb 5, 2023

Question 1

GAAP-based income statements categorize expenses based on
◦ cost behavior.
◦ business function.
◦ dollar amount.
◦ contribution margin.

Question 2

GAAP-based income statements categorize expenses based on
◦ contribution, product, administrative.
◦ variable costs and fixed costs.
◦ product, selling, or administrative.
◦ product, contribution, selling, or administrative.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by rubiosusy7 on Feb 5, 2023

ElaneShive

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Reply #1 on: Feb 5, 2023
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rubiosusy7

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Reply 2 on: Feb 5, 2023
Wow, this really help

olderstudent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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