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    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 1
  4. Exam
    Exam 23: Flexible Budgets and Standard Costs
  5. Question
    Management by Exception Means That Managers Focus on the Most
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Management by Exception Means That Managers Focus on the Most

Question 13

Question 13

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Management by exception means that managers focus on the most significant differences between actual costs and standard costs.

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