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21. Which of the following is true? (1 Point) b. Unfavorable variances should always be interpreted as bad news for all the company. a. Favorable
21. Which of the following is true? (1 Point) b. Unfavorable variances should always be interpreted as "bad news" for all the company. a. Favorable variances should always be interpreted as "good news" for all the company d. Management by exception means that managers investigate all unfavorable variances but not all favorable variances c. Favorable variances are variances that cause actual operating income to be higher than budgeted
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