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    Business
  3. Study Set
    Cost Management Strategies
  4. Exam
    Exam 17: Flexible Budgets, Overhead Cost Management, and Activity-Based Budgeting
  5. Question
    Standard Cost Variances Are Automatically Closed to Cost of Goods
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Standard Cost Variances Are Automatically Closed to Cost of Goods

Question 54

Question 54

True/False

Standard cost variances are automatically closed to Cost of Goods Sold at the end of each month.

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