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There are several reasons why actual results differ from standards. Which of the following does not represent a reason why a variance might occur? (A)
There are several reasons why actual results differ from standards. Which of the following does not represent a reason why a variance might occur? (A) Standards which do not reflect the current economic conditions (B) Operating conditions that are consistently inefficient (C) Inaccurate information from the accounting system (D) Increasing the accuracy of a variance report by decreasing its timeliness
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