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The Astronomer Who, at the Turn of the Century, Measured

question 10

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The astronomer who, at the turn of the century, measured the spectra of hundreds of thousands of stars, leaving a catalog that astronomers used for the rest of the century, was:


Definitions:

Master Budget

A document that integrates all the estimates from the different departments to establish guidelines and benchmarks for the whole organization.

Favorable Variance

A financial term indicating that actual spending was less than budgeted amounts, or revenue was higher than expected.

Fixed Overhead

Refers to the regular, static expenses of operating a business that are not affected by changes in production volume or sales.

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