{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

B-23.04 Problem - (d This is a measure of business...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
B-23.04 Following are key terms relating to the concept of a contribution income statement reporting format. General corporate Contribution Controllable Non-traceable Segment margin Controllable fixed Net income Uncontrollable Determine which of the following descriptions is best associated with each of the above terms: (a) These are subtracted from the segment margin to arrive at net income. (b) This amount is useful in evaluating management performance for a unit. (c) This is the result of subtracting all variable costs from revenues.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: (d) This is a measure of business viability. (e) This result would not relate to any segment, but only the corporate total. (f) These are incurred by a unit, but not useful in evaluating unit management. (g) These costs may be attributable to a division, but not a specific product. (h) This amount is subtracted from the contribution margin, but not the controllable contribution margin....
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online