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A Favorable Variance Occurs When Actual Costs Are Less Than

question 25

True/False

A favorable variance occurs when actual costs are less than standard costs.


Definitions:

Surge Protector

A device designed to protect electrical devices from voltage spikes by blocking or shorting to ground any unwanted voltages above a safe threshold.

Line Conditioner

A device that improves the quality of power that is delivered to electrical devices by stabilizing power voltage and filtering out noise.

Auto Save Feature

A functionality in software applications that automatically saves the current progress of the user's work at regular intervals to prevent data loss.

Disk Management

A system utility for managing disk drives and volumes, allowing for partitioning, formatting, and resizing of disk space.

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