Examlex
Which statements describe the routing protocol OSPF? (Choose three.)
Unfavorable Variance
A situation where actual costs exceed the standard or budgeted costs, often indicating inefficiencies or increased expenses.
Favorable Variance
A financial term indicating that actual costs were lower or revenues were higher than planned.
Budgeted Amount
The projected costs or revenues allocated to a specific activity or period, based on estimates.
Budget Ratcheting
The practice of setting future budget allocations based on the current period’s expenditures, discouraging under-spending in fear of budget cuts.
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