Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Users can easily judge the impact on profits of changes in selling price, cost or volume when using an income statement constructed under the ______ approach. Multiple choice question.

Sagot :

The income statement constructed under the contribution approach, allow Users to easily judge the impact on profits of changes in selling price.

What is contribution approach ?

contribution approach  can be explained as the presentation format under the income statement, which involves  aggregation and deduction of variable cost from revenue.

 This  aggravation is done to arrive at a contribution margin and allow Users to easily judge the impact on profits.

Learn more about contribution approach  at;

https://brainly.com/question/25605883