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    Business
  3. Study Set
    Cost Accounting Study Set 1
  4. Exam
    Exam 7: Flexible Budgets, Direct-Cost Variances, and Management Control
  5. Question
    Variance Analysis Should Be Used
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Variance Analysis Should Be Used

Question 153

Question 153

Multiple Choice

Variance analysis should be used:


A) to understand why variances arise
B) as the sole source of information for performance evaluation
C) to punish employees that do not meet standards
D) to encourage employees to focus on meeting standards

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