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    Financial and Managerial Accounting Study Set 1
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    Exam 21: Flexible Budgets and Standard Costs
  5. Question
    The Difference Between the Total Actual Cost Incurred and the Total
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The Difference Between the Total Actual Cost Incurred and the Total

Question 174

Question 174

Multiple Choice

The difference between the total actual cost incurred and the total standard cost is called the:


A) Flexible variance.
B) Usage variance.
C) Cost variance.
D) Controllable variance.
E) Volume variance.

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