Variances That Are Large in Absolute Dollar Value or as a Percent

question 87

True/False

Variances that are large in absolute dollar value or as a percent of budgeted amounts are generally considered exceptional in a management by exception approach.

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Definitions:

There's

Contraction for "there is," used to indicate the existence of something.

She'll

Contraction of "she will" or "she shall," used to indicate future action.

77-Inch-Long

A measurement indicating something is seventy-seven inches in length.

Blade

A thin, typically flat and sharp-edged piece of metal used as a tool or weapon.