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Answer the question.
-Which of the following matrices has an inverse?
Spending Variance
The difference between the actual amount spent and the budgeted or planned amount in a given period.
Planning Budget
A budget prepared for a specific level of activity, used for planning and controlling costs and resources in advance.
Travel Expenses
Costs incurred by an employee or a business when travelling for business purposes, which can include accommodations, meals, transportation, and other expenses.
Spending Variance
The difference between the actual amount spent and the budgeted or expected amount, used in budgeting and financial planning.
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