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    Managerial Accounting Study Set 11
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    Exam 8: Flexible Budgets and Performance Analysis
  5. Question
    An Activity Variance Is Due Solely to the Difference Between
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An Activity Variance Is Due Solely to the Difference Between

Question 24

Question 24

True/False

An activity variance is due solely to the difference between the level of activity assumed in the planning budget and the actual level of activity used in the flexible budget.

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