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The CVP income statement is distributed internally and externally. discloses contribution margin in the body of the statement. will reflect a different net income than the traditional income statement. classifies costs by functions.

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jepessoa

Answer:

discloses contribution margin in the body of the statement

Explanation:

the CVP income statement is used for managerial accounting, in other words, only for internal processes.

the CVP income statement may or may not reflect a different net income than a traditional income statement.

the CVP income statement classifies costs are variable or fixed

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