Examlex
According to the text, which of the following is true?
Vocational School
An educational institution that provides practical and skills-based training aimed at preparing students for specific trades or careers.
Budgets
Financial plans that estimate revenue and expenses over a specified future period of time, often used for planning and controlling financial performance.
Variable Cost Estimates
Projections of costs that vary directly with the level of output or production volume.
Revenue Variances
The difference between actual revenue and budgeted or forecasted revenue, indicating performance against financial goals.
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