PM

______________ is the aim of profitability accounting in case of costing-based & account-based CO-PA. Fill in the blanks to complete the sentence.

State the two accounting methods used for generating profitability statements.

The period accounting methods presents the revenues & primary expenses that have been incurred during a given period of time, and the changes in stock value levels, work-in-progress, and capitalized activities. True. False.

The Full Absorption Costing accounting method can be analyzed only in profitability analysis. True. False.