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The case of Griggs v. Duke Power Company
Actual Results
The real outcomes or data recorded from operations or activities, compared to projections or budget expectations.
Net Operating Income
A company's income after operating expenses are deducted, but before income taxes and interest expenses are subtracted.
Flexible Budget
A budget that adjusts or varies with changes in the volume or activity level of a company.
Units
Measurements or quantities of a product or service, often used as a basis for transactions and inventory.
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