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    Cornerstones of Managerial Accounting Study Set 3
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    Exam 11: Flexible Budgets and Overhead Analysis
  5. Question
    Which of the Following Is Characteristic of a Performance Report
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Which of the Following Is Characteristic of a Performance Report

Question 11

Question 11

Multiple Choice

Which of the following is characteristic of a performance report?


A) It uses static budgets.
B) It compares actual costs with budgeted costs.
C) It usually uses flexible budgets.
D) It does not include variances.

Correct Answer:

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