A Variance That Is Considered Immaterial Should Be Closed to the Cost

question 81

True/False

A variance that is considered immaterial should be closed to the cost of goods sold account.

---

Definitions:

Hypnosis

A trance-like state of focused attention, heightened suggestibility, and deep relaxation, induced by psychological techniques.

Short-Term Lethargy

A temporary state of sluggishness or lack of energy.

Impaired Coordination

A reduction in the ability to perform movements smoothly and accurately, usually due to neurological disorders or injuries.

Prescription Drug

Medications that require a doctor's authorization before they can be purchased or consumed, typically due to their potency, side effects, or potential for abuse.