Examlex
In Unified Modeling Language (UML)primary keys may be blank.
Flexible Budgets
Budgets that adjust or flex according to changes in activity levels or other factors that influence operating expenses.
Unfavorable Variance
A situation where actual costs exceed budgeted or expected costs.
Efficiency Variance
The difference between the actual input used in production and the standard input that was expected to be used.
Spending Variance
The difference between the actual amount spent and the budgeted amount for a category or period, indicating over or underspending.
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