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    Cost Accounting Study Set 1
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    Exam 7: Flexible Budgets, Variances, and Management Control: I
  5. Question
    Rate Variances Are Considered to Be the Difference Between the Actual
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Rate Variances Are Considered to Be the Difference Between the Actual

Question 90

Question 90

True/False

Rate variances are considered to be the difference between the actual price and the budgeted price multiplied by the actual quantity of input goods or services.

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