Which one of the following variances shows the difference between the actual amounts paid for the goods

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Question:

Which one of the following variances shows the difference between the actual amounts paid for the goods sold and the budgeted cost amount for those goods?

Options:

A. The price variance (PV)

B. The volume variance (VV)

C. The rate variance (RV)

D. The cost variance (CV)

Posted Date: Jun 25, 2024 11:04 PM

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Which one of the following variances shows the difference between the actual amounts paid for the goods

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