Examlex
Satellites can only provide photographs; no measurements of properties such as temperature are possible.
Income Statements
Financial statements that summarize a company's revenue, expenses, and profits over a specific period of time.
Standard Cost
A predetermined cost of manufacturing, delivering, or producing goods or services under normal conditions.
Variance Accounts
Financial accounts used to record the differences between planned and actual figures in budgeting and accounting.
Favorable Variances
Differences between planned and actual performance that result in a better-than-expected financial outcome.
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