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  3. Study Set
    Cost Accounting Foundations and Evolutions
  4. Exam
    Exam 7: Standard Costing and Variance Analysis
  5. Question
    The Price Variance Reflects the Difference Between the Price Paid
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The Price Variance Reflects the Difference Between the Price Paid

Question 124

Question 124

True/False

The price variance reflects the difference between the price paid for inputs and the standard price for those inputs.

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