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When is external validity less of a concern?
Cost Drivers
Factors that cause the cost of an activity or operation to increase or decrease, such as machine hours, labor hours, or the volume of production.
Flexible Budget
A budget that adjusts or flexes for changes in the volume of activity, providing a more useful comparison of actual to budgeted performance.
Guests
Individuals who receive services or hospitality, often in contexts such as hotels, restaurants, or events.
Billafuerte Jeep Tours
A hypothetical or specific company offering guided jeep tours in the Billafuerte region.
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