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  3. Study Set
    Introduction to Management Accounting Study Set 3
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    Exam 8: Flexible Budget and Variance Analysis
  5. Question
    An Example of a Favorable Variance Is
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An Example of a Favorable Variance Is

Question 129

Question 129

Multiple Choice

An example of a favorable variance is:


A) actual revenues are less than expected
B) material prices are greater than expected
C) actual expenses are less than expected
D) expected labor costs are less than actual costs

Correct Answer:

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