If Standards Are Lax,cost Variances Will Tend to Be Unfavorable

question 131

True/False

If standards are lax,cost variances will tend to be unfavorable.

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Definitions:

Reciprocity

A principle or practice of mutual exchange and interdependence often considered in social, economic, and ethical contexts.

Code Of Ethics

A set of principles and guidelines aimed at helping professionals conduct business honestly and with integrity.

Age Discrimination

Unfair or unequal treatment of an individual or group based on their age, especially regarding employment.