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Business, 19.01.2022 14:00 belindajolete

Which of the following are differences between the traditional and contribution format to income statements? Multiple select question. Traditional income statements focus on cost classifications. Contribution format statements focus on cost behavior. Compared to traditional statements, contribution format statements provide management with a tool to make decision making easier. The traditional income statement is for internal use, while the contribution format income statement is for external use. Need help? Review these concept resources.

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