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1) Managers should investigate all variances, including those that are considered immaterial. True False 2) Using responsibility accounting, standards are used to establish what costs

1) Managers should investigate all variances, including those that are considered immaterial. True False 2) Using responsibility accounting, standards are used to establish what costs should be, who should be responsible for them, and whether actual costs are under control. True False 3) Using responsibility accounting, standards are used to establish what costs should be, who should be responsible for them, and whether actual costs are under control. True False

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