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Charles Redding, widely regarded as the founder of the field of organizational communication, proposes four essential features of complex organizations. Which of the following is one of the four functions?
Budget Variance
The difference between the budgeted or planned financial activity and the actual financial performance.
Volume Variance
The difference between the expected amount of output at the standard cost and the actual amount produced, measured at the standard cost.
Direct Labor-Hours
A measure of the total hours worked directly on the production of goods.
Budget Variances
The difference between budgeted and actual figures for revenues or expenditures, indicating under or overspending.
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