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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 7: Flexible Budgets, Direct-Cost Variances, and Management Control
  5. Question
    When Actual Revenues Exceed Budgeted Revenues, a Favorable Variance Arises
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When Actual Revenues Exceed Budgeted Revenues, a Favorable Variance Arises

Question 127

Question 127

True/False

When actual revenues exceed budgeted revenues, a favorable variance arises.

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