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Which of the following statements is false? Select one: a.Unfavourable variances (after closing to cost of goods sold) cause cost of goods sold to be
Which of the following statements is false?
Select one:
a.Unfavourable variances (after closing to cost of goods sold) cause cost of goods sold to be higher.
b.Unfavourable variances are recorded as a credit entry.
c.Significant unfavourable variances should be investigated by managers.
d.Unfavourable variances represent the costs of producing inefficiently.
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