Examlex
_____________ is a gap that has developed between a country's global ambitions and its resources available to fulfill these ambitions.
Spending Variance
The difference between the actual cost incurred for an item and its planned or budgeted cost, indicating how well a company manages its expenses.
Budgeting
The method of crafting a budget that details your planned income and expenditures for a certain time frame.
Planning Budget
A financial plan that estimates income, expenditure, and resources over a specified period, often used for guiding a business's strategy.
Employee Salaries
Regular payments made to employees for their service or work, typically on a monthly basis, not directly tied to the amount of hours worked.
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