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    Exam 23: Flexible Budgets and Standard Cost Systems
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    If Both Favorable and Unfavorable Variances Exist, Then the Variance
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If Both Favorable and Unfavorable Variances Exist, Then the Variance

Question 93

Question 93

True/False

If both favorable and unfavorable variances exist, then the variance is determined to be favorable or unfavorable based on which one is the larger amount.

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