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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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    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 ...

    Solution Summary

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