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    Introduction to Management Accounting Study Set 3
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    Exam 8: Flexible Budget and Variance Analysis
  5. Question
    A Variance Is the Difference Between
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A Variance Is the Difference Between

Question 112

Question 112

Multiple Choice

A variance is the difference between:


A) a budgeted amount and a benchmark amount
B) an actual result and a budgeted amount
C) a budgeted amount and a standard amount
D) the required number of inputs for the number of outputs

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