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    Cost Management Study Set 1
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    Exam 11: Standard Costs and Variance Analysis
  5. Question
    Variances Can Be Caused By
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Variances Can Be Caused By

Question 104

Question 104

Multiple Choice

Variances can be caused by:
I. Out-of-control operations
II. Better-than-expected operations
III. Inappropriate benchmarks


A) I and III only
B) II and III only
C) I and II only
D) I, II, and III

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