Variance Proration Is the Process of Closing All Variance Accounts

question 87

True/False

Variance proration is the process of closing all variance accounts directly into Cost of Goods Sold.

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Definitions:

Trigger

An automated mechanism in databases and software that automatically executes a predefined action in response to specific events.

Printing Several Reports

The process of outputting multiple documents or summaries of data from a computer to a printer.

Report Name

The title or identifier given to a report, used for organization and easy reference.

MessageBox

MessageBox is a predefined dialog box in programming languages that displays messages to the user, often used to inform about statuses or get confirmations.