For external reporting purposes, U.S. GAAP allows companies to use
A) either the traditional format or the contribution margin format.
B) only the contribution margin format of the income statement.
C) only the traditional format of the income statement.
D) the variable costing format.
C
Business
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An employee in an organization has a greater chance of getting a promotion if he takes up additional responsibilities that are related to his current position in the organization. Employee promotions in this organization are based on ____________
Fill in the blank(s) with the appropriate word(s).
Business
Explain the term of office for members of a corporate board of directors
What will be an ideal response?
Business