Which of the following statements is true? O The activity variance for revenue will be favorable...
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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. 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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