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    Managerial Accounting Study Set 22
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    Exam 11: Standard Costs and Variance Analysis
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    Variances That Are Large in Absolute Dollar Value or as a Percent
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Variances That Are Large in Absolute Dollar Value or as a Percent

Question 87

Question 87

True/False

Variances that are large in absolute dollar value or as a percent of budgeted amounts are generally considered exceptional in a management by exception approach.

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