The normal income statement which constitutes one of the financial statement

游客2025-06-20 16

问题 The normal income statement which constitutes one of the financial statements of a company, is financial income statement. So functional income statement is an income statement that segregates all costs by use ; it shows revenues less cost of goods sold ( gross margin) less selling and administrative expenses. This approach is useful for financial reporting purpose ; it provides outsider readers with information about company’s progress and about which functional areas are being emphasized. For management’s use in the decision-making process, however, an income statement that follows a cost behavior approach, often referred to as a Contribution Margin Income Statement, is more valuable. [br] From the functional income statement we can see clearly the total revenue, total cost and the gross profit etc.

选项 A、Right
B、Wrong
C、Doesn’t say

答案 C

解析文中只说it shows revenues less cost of goods sold (gross margin) less selling and administrative expenses，并没有说能看到"the total revenue, total cost"。

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