The person performing the bank reconciliation should have no other cash duties

The major elements of the income statement are

a. revenue, cost of goods sold, selling expenses, and general expense. b. operating section, nonoperating section, discontinued operations, extraordinary items, and cumulative effect. c. revenues, expenses, gains, and losses. d. all of these.

__________costs do not change as output is increased or decreased

Fill in the blanks with correct word.