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One dependent variable in this study will be .
Net Operating Income
The income generated from normal business operations, calculated by deducting operating expenses from gross profit.
Planning Budget
A budget established at the beginning of a planning period, reflecting the expected income and expenditures.
Revenue and Spending Variance
The difference between the expected (budgeted) and actual amounts of revenue and expenses.
Flexible Budget Performance Report
A financial report that compares actual operating results to budgeted amounts adjusted for actual activity levels.
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