Examlex
Extranets use ________ technology to make communication over the internet more secure.
Standard Cost
A detailed estimate of what a product should cost.
Actual Cost
The actual amount spent on goods, services, or other expenses, as opposed to budgeted or standard costs, including all direct and indirect costs.
Principle of Exceptions
A management principle focusing on identifying and addressing areas that significantly deviate from the norm or expected results, often utilizing reporting and analysis.
Variances
Differences between planned amounts and actual amounts incurred in operations, budgets, or financial projections.
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