Examlex
When the same word is used in multiple locations or a word is used that was not quite appropriate, a thesaurus can be used to look up a(n) _____, or a word similar in meaning.
Budget Variance
The difference between the budgeted or projected financial performance and the actual performance.
Fixed Overhead
Costs that do not vary with the level of production or sales, including expenses such as rent, salaries, and insurance.
Control Variance
The difference between expected performance standards and actual performance, used for budget and performance evaluation.
Productive Capacity
Refers to the maximum output or productive ability of resources, facilities, or organizations, emphasizing efficiency and optimization.
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