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The fourth rule of validity is that:
Activity Variance
The difference between planned or budgeted costs and the actual costs based on the level of activity or volume, used in variance analysis.
Press Runs
Production operations in printing or manufacturing where multiple units of a product are produced in sequence on a press.
Passengers
Individuals who are being transported from one place to another in a vehicle, aircraft, or vessel, usually for a fare.
Plane Operating Costs
Expenses associated with operating an aircraft, which include fuel, maintenance, crew salaries, and landing fees among others.
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