Given that management has limited time and resources, an investigation of all variances is not possible. Thus,

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Given that management has limited time and resources, an investigation of all variances is not possible. Thus, management should only investigate unfavorable variances because favorable variances indicate that the company was under budget. True / False

Posted Date: Nov 27, 2021 01:02 PM

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Given that management has limited time and resources, an investigation of all variances is not possible. Thus,

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False The given statement is false because management should investigate all variances Unfavorable variance is an accounting term that describes instances where actual costs are greater than the stand... View the full answer

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