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A favorable variance has a debit balance and is a contra revenue.

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A favorable variance has a debit balance and is a contra revenue.

A favorable variance has a debit balance and is a contra revenue.
A) True
B) False

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 765 times

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More solutions for this book are available here

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Will mark this subject solved, thanks

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