Multiple Choice QuestionDepartmental income statements include:Multiple choice question.only indirect expensesdirect and indirect expensesonly direct expenses

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Solution 1

Departmental income statements include both direct and indirect expenses.

Here's why:

Direct Expenses: These are costs that can be directly attributed to a specific department. For example, the salary of the sales department manager would be a direct expense of the sales department.
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Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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