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In the early days of computer technology, which system was justified because data-processing personnel were in short supply, hardware and software were expensive, and only large organizations could afford computers?
Significant Differences
Notable or substantial variations between two or more items, figures, or outcomes.
Standards
Established benchmarks or norms that are used for measuring performance or compliance.
Normal Application
In cost accounting, it pertains to the standard method used to allocate overhead costs to products or services.
Reality
The state of things as they actually exist, as opposed to an idealistic or notional idea of them.
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