An Unfavorable Cost Variance Will Be Debited to a Cost

question 94

True/False

An unfavorable cost variance will be debited to a cost variance account.

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Definitions:

Renewable Energy

refers to energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat.

Environmental Sustainability

An approach to natural resource management that seeks to safeguard the environment and maintain ecological balance in the face of ongoing human activity and development.

Triple Bottom Line

A business framework that encourages companies to focus equally on social, environmental, and financial responsibilities.

Sustainability Targets

Goals set by an organization to achieve environmental, social, and economic improvements as part of its sustainability efforts.