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ACC 206 ACC206 Week 4 Quiz Chapters 6 and 7 with Answers

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ACC 206 Week 4 Quiz Chapters 6 and 7 Answers

Budgets are ___________________________. (Points : 1)

Question 2. 2. All of the following are parts of a Master budget except a___________________. (Points : 1)

Question 3. 3. Managers would prefer a budget prepared______________________________. (Points : 1)

Question 4. 4. Padding a budget __________________________________. (Points : 1)

Question 5. 5. Budgeting is _______________________________. (Points : 1)

Question 6. 6. Standards are ______________________________. (Points : 1)

Question 7. 7. Production Standards should be set ______________________. (Points : 1)

Question 8. 8. When actual cost is more than planned __________________. (Points : 1)

Question 9. 9. The materials price variance reveals the difference between ____________________. (Points : 1)

Question 10. 10. If the actual factory overhead applied is more than the actual factory overhead incurred _________. (Points : 1)

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