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    Accounting
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    Exam 23: Flexible Budgets and Standard Costs
  5. Question
    When a Company Is Using Standard Costs, Favorable Variances Are
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When a Company Is Using Standard Costs, Favorable Variances Are

Question 22

Question 22

True/False

When a company is using standard costs, favorable variances are good news, and so the reasons for them do not need to be explained or investigated.

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