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Identify and state the historical significance of Andrew Carnegie.
Cost Variance
The difference between the budgeted cost of a task or project and the actual cost incurred.
Spending
The act of utilizing financial resources to purchase goods, services, or assets, or to cover operating costs.
Cost Aggregation
The process of combining individual costs or expenses to form a summary total.
Subtotaling Costs
The process of summing up individual costs to create a comprehensive total before final totals or further calculations.
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