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  3. Study Set
    Management Accounting Study Set 2
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    Exam 11: Operational Budgets
  5. Question
    When an Organisation's Actual Revenues Are Greater Than Its Budgeted
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When an Organisation's Actual Revenues Are Greater Than Its Budgeted

Question 1

Question 1

True/False

When an organisation's actual revenues are greater than its budgeted revenues, the difference is referred to as a favorable variance.

Correct Answer:

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