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    Managerial Accounting Study Set 21
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    Exam 8: Budgetary Control and Variance Analysis
  5. Question
    Any Profit Difference Between the Master and Flexible Budgets Is
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Any Profit Difference Between the Master and Flexible Budgets Is

Question 42

Question 42

True/False

Any profit difference between the master and flexible budgets is due solely to the difference between budgeted and actual sales.

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