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Kelly and Kaplan, as cited in the text, emphasize that the united Fijian nation projected at the time of independence was undercut by
Variable Cost Estimates
Projections of costs that vary directly with the level of output or production volume.
Revenue Variances
The difference between actual revenue and budgeted or forecasted revenue, indicating performance against financial goals.
Fixed Cost Estimates
These are projections of costs that do not change in total with changes in business activity level, such as rent or salaries.
Planning Budget
A financial plan that estimates income and expenditure for a future period.
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