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    Business
  3. Study Set
    Management Accounting Study Set 2
  4. Exam
    Exam 10: Standard Costs, Flexible Budgets and Variance Analysis
  5. Question
    If the Total Variances in the Accounting Information System Are
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If the Total Variances in the Accounting Information System Are

Question 71

Question 71

True/False

If the total variances in the accounting information system are favorable, accountants must adjust some accounts by decreasing costs during the closing process.

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