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Which of the following statements is true? O The activity variance for revenue will be favorable if the actual level of activity is less

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Which of the following statements is true? O The activity variance for revenue will be favorable if the actual level of activity is less than the planned level of activity. O The activity variance for revenue will be favorable if the actual level of activity is greater than the planned level of activity O The activity variance for revenue will usually equal zero. O The activity variance for revenue can be favorable or unfavorable depending on whether the actual revenue earned is greater than or less than the planned revenue.

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