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Preferred Format for a Segment Income

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The preferred format for a segmented income statement emphasizes:
a) direct and common fixed costs
b) variable and fixed costs
c) operating expenses and fixed costs
d) variable costs and operating expenses.

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This solution provides the correct answer with explanation to the segmented income statement question listed. Includes 1 reference.

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d) variable costs and operating expenses

This is actually based on opinion and there are a few ways companies can present this. The most common way is through ...

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