A Favorable Direct Materials Price Variance Might Lead to an Unfavorable

question 85

True/False

A favorable direct materials price variance might lead to an unfavorable direct materials quantity variance because the company purchased inferior materials.

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Definitions:

Pseudoscience

Systems of thought or practice that claim to be scientific or are presented as science but lack empirical evidence and adherence to scientific methods.

Scientific Terms

Vocabulary or lexicon that is specific to the disciplines of science, used to describe principles, theories, and concepts.

Scientific Enquiry

The process of using empirical evidence and systematic investigation to understand phenomena.

Pseudoscience

A collection of beliefs or practices mistakenly regarded as being based on scientific method.