Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. multiple choice question which of the following st

Multiple Choice Question Which of the following statement is correct? Both internal and external income...

80.2K

Verified Solution

Question

Accounting

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

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students