At the end of the year, when closing the books, what is the treatment for immaterial standard

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At the end of the year, when closing the books, what is the treatment for immaterial standard variance account balances? What is the treatment for standard variance account balances that are material in amount?

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Jun 10, 2016 05:30 AM

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At the end of the year, when closing the books, what is the treatment for immaterial standard

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Financial and Managerial Accounting the basis for business decisions

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