Examlex
A number decreased by 72 would be written as
B - 72
Activity Variance
The difference between actual activity levels and those projected, affecting budgeted and actual costs.
Total Expenses
The sum of all costs and expenses associated with operating a business.
Flexible Budget
A financial planning tool that dynamically adjusts to volume or activity level changes.
Spending Variance
The variance between the real expenditure and the anticipated budget over a specific timeframe.
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