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Which of the following statements is False? A) A favourable variance can be automatically...

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Accounting

Which of the following statements is False?

A) A favourable variance can be automatically interpreted as "good news".

B) The most important task in variance analysis is to determine why variances occur, and use that information to promote learning and continual improvement.

C) Managers generally have more control over efficiency variances than rate variances.

D) The direct manufacturing labour rate variance is likely to be unfavourable if higher-skilled workers are put on a job midway through t

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