Question: Final Exam - Chapters 9 , 1 0 , 1 1 Question 4 9 of 5 0 View Policies Current Attempt in Progress A favorable
Final Exam Chapters
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A favorable variance
indicates that the company is not operating in an optimal manner.
means that standards are too loosely specified.
implies a positive result if quality control standards are met.
implies a positive result if standards are flexible.
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