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  3. Study Set
    Fundamental Accounting Principles Study Set 5
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    Exam 24: Flexible Budgets and Standard Costs
  5. Question
    If Cost Variances Are Material, They Should Always Be Closed
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If Cost Variances Are Material, They Should Always Be Closed

Question 7

Question 7

True/False

If cost variances are material, they should always be closed directly to Cost of Goods Sold.

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