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    Introduction to Management Accounting Study Set 3
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    Exam 8: Flexible Budget and Variance Analysis
  5. Question
    Differences Between the Master Budget and the Flexible Budget Are
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Differences Between the Master Budget and the Flexible Budget Are

Question 147

Question 147

Multiple Choice

Differences between the master budget and the flexible budget are due to:


A) poor usage of material and labor
B) a combination of price and material variances
C) actual activity differing from expected activity levels
D) problems of cost control

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