Pick an organization you know, such as a school, local firm, a business, an entertainment business, a

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Pick an organization you know, such as a school, local firm, a business, an entertainment business, a sports team, and so on. Identify an example of when a favorable cost variance (actual cost relative to a budget) is not good news for the performance of the organization.
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Related Book For  answer-question

Fundamentals of Cost Accounting

ISBN: 978-1259565403

5th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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