For external reporting purposes, U. S. GAAP allows companies to use
A. the variable costing format.
B. only the traditional format of the income statement.
C. only the contribution margin format of the income statement.
D. either the traditional format or the contribution margin format.
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Home » Business » For external reporting purposes, U. S. GAAP allows companies to use A. the variable costing format. B. only the traditional format of the income statement. C. only the contribution margin format of the income statement. D.