Examlex
One drawback of a longer distribution channel is that it increases selling costs when the retail sector is very fragmented.
Snow-Day
A day on which work or school is cancelled due to heavy snowfall or extreme winter weather conditions.
Planning Budget
A budget designed for a specific level of activity, used as a tool for planning and controlling costs.
Wages And Salaries
Payments made to employees for their labor or services, either hourly (wages) or fixed over a time period (salaries).
Spending Variance
The difference between the actual amount of cost incurred and the budgeted or expected amount of cost.
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