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Which of the Following Statements Is Correct

Question 3

Multiple Choice

Which of the following statements is correct?


A) Random variances are typically large in amount.
B) Systematic variances are considered uncontrollable.
C) Most standard cost variances call for investigation and corrective action.
D) Random variances should typically not be investigated.
E) Most variances from ideal standards will, by definition, be favorable.

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