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Which of the following statements about variance reports is not true? Multiple Choice Can be prepared for any period of time ( month , quarter,
Which of the following statements about variance reports is not true?
Multiple Choice
Can be prepared for any period of time month quarter, year
Allow management to compare how well a cost center has performed compared to its budget.
Are only prepared for cost centers with significant expenditures.
Show variances between actual results and the budget.
Often show a separate column with the budget variance percentage.
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