Examlex
Researchers systematically varied the contents of prisoners' (fictitious) parole files provided to participants. When the prisoners' crimes were consistent with participants' stereotypes, they were harsher in their parole decisions. Practically speaking, results of this study support the policy of
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels, making it more useful for management control.
Equipment Depreciation
The allocation of the cost of tangible assets over their useful lives, reflecting the reduction in value due to wear and usage.
Spending Variance
The difference between the budgeted or planned amount of expenses and the actual amount spent.
Supplies Costs
Expenses associated with the purchase of supplies needed for the operation of a business or the production of goods.
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