Examlex
Match the most appropriate term to the definition.
-A court order requiring or prohibiting certain conduct during the pendency of litigation
Direct Materials Price Variance
The difference between the actual cost and the standard cost of materials used in production, indicating how effectively a company manages its material costs.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels of the organization.
Variable Budget
A financial plan that adjusts for changes in the volume of activity, allowing for flexible cost controls depending on actual performance.
Management by Exception
A management strategy where only significant deviations from set standards are brought to the attention of management.
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