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Administrative Expenses
Expenses that cannot be directly linked to the production or selling process and include costs related to the overall management and administration.
Client-Visits
The occurrence of a service provider traveling to a client's location to conduct business or perform a service.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, allowing better performance evaluation.
Spending Variance
The discrepancy between the budgeted or forecasted expenditure and the actual amount spent.
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