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    Accounting Study Set 1
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    Exam 23: Flexible Budgets and Standard Cost Systems
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    The Static Budget Is Used to Compute Flexible Budget Variances
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The Static Budget Is Used to Compute Flexible Budget Variances

Question 203

Question 203

True/False

The static budget is used to compute flexible budget variances as well as cost and efficiency variances for direct materials and direct labor.

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