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While having a discussion, Technician A says that an unfortunate result of a restricted filter is that the fuel pump will draw more electrical current. Technician B says that the result of a restricted filter can be hard on the fuel pump brushes and can result in premature failure of the pump. Who is correct?
Planning Budget
A forecast of revenue, expenses, and profit for a specific period of time, often used as a financial roadmap.
Customers Served
The number of clients or customers that a company has provided services or goods to within a specific period.
Budgeting
The process of creating a plan to spend your money, allowing you to determine in advance whether you will have enough money to do the things you need or would like to do.
Flexible Budget
A budget that adjusts to changes in the volume of activity, providing a more useful comparison of actual to budgeted costs for different levels of activity.
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