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NEW QUESTION: 2
Answer:
Explanation:
Explanation
NEW QUESTION: 3
Which of the following statements regarding variances is valid?
A. An adverse labour rate variance could explain a favourable labour efficiency variance.
B. Improved maintenance of production machinery could explain an adverse material usage variance.
C. Using higher quality material than standard could explain an adverse labour efficiency variance.
D. Poor supervision could explain a favourable labour rate variance.
Answer: A
Explanation:
Reference: https://accounting-simplified.com/management/variance-analysis/labor/rate.html
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CITM-001 Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CITM-001 Exam.
CITM-001 Exam Topics
Review the CITM-001 especially if you are on a recertification. Make sure you are still on the same page with what GAQM wants from you.
CITM-001 Offcial Page
Review the official page for the CITM-001 Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the CITM-001 Exam
Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.