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  3. Study Set
    Cost Accounting Study Set 2
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    Exam 12: Flexible Budgets, Direct Cost Variances and Management Control
  5. Question
    The Flexible-Budget Variance Is the Difference Between a Budgeted Result
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The Flexible-Budget Variance Is the Difference Between a Budgeted Result

Question 199

Question 199

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The flexible-budget variance is the difference between a budgeted result and the corresponding flexible-budget amount that reflects the sales and production levels that are now known.

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