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Ptolemy's model was , with the Earth fixed in the center of the universe.
Planning Budget
A financial plan for a future period, outlining an organization's revenue and expenditures.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels.
Revenue Variances
The difference between actual revenue and budgeted or expected revenue, analyzed to understand and manage financial performance.
Spending Variances
Spending variances are the differences between the actual amount spent and the budgeted or planned amount, often analyzed to control and manage expenses better.
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