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What does a curved line (like a smile) indicate?
Spending Variances
Spending variances are the differences between the actual amount spent and the budgeted or planned amount, often analyzed to control and manage expenses better.
Activity Variance
The difference between the budgeted cost for an activity level and the actual cost incurred, indicating deviations from planned performance.
Net Operating Income
A company's income after operating expenses have been deducted, but before income taxes and interest expenses are taken into account.
October
The tenth month of the year in the Gregorian calendar, often associated with autumn in the Northern Hemisphere.
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