Examlex
The expression of all physical traits is strictly due to the inheritance of specific genes.
Revenue and Spending Variances
The difference between projected and actual figures for income and expenditures, used to manage and adjust financial planning.
Equipment Depreciation
The process of allocating the cost of tangible assets over their useful lives, representing wear and tear on equipment.
Machine-hours
The measurement of the amount of time machines are used in the manufacturing process, rephrased as "The cumulative operational time of machines for production."
Spending Variance
The difference between the budgeted or planned amount of expenditure and the actual amount spent.
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