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    Management Accounting Study Set 1
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    Exam 12: Flexible Budgets and Variance Analysis
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    If Actual Revenues and Expenses Exceed Expected Revenues and Expenses
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If Actual Revenues and Expenses Exceed Expected Revenues and Expenses

Question 67

Question 67

True/False

If actual revenues and expenses exceed expected revenues and expenses, all variances in the performance report will be favourable.

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