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When you increase the screen resolution, Windows displays more information on the screen, but the information ____.
Unfavourable Variances
Differences between actual costs and standard or expected costs that negatively impact the financial performance of an organization.
Favourable Variances
Differences between actual and budgeted financial performance that are beneficial to the company, such as lower expenses or higher revenues than planned.
Accounting Recording System
An Accounting Recording System is a structured process for capturing, recording, and summarizing financial transactions, facilitating accurate financial reporting and analysis.
Standard Costing
An accounting method that uses standard costs for direct materials, direct labor, and manufacturing overhead to value inventory and measure variance.
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