Examlex
When a doctor performs a test on a patient's abnormally curved spine, this is an example of assurance.
Actual Rate
The real, observed rate at which something occurs, often used in financial contexts to specify interest rates or exchange rates.
Poorly Trained Workers
Refers to employees who have not received adequate training to perform their job roles efficiently, leading to potential reductions in productivity and quality.
Unfavorable Effect
A situation or outcome in financial analysis or performance metrics where actual results are worse than planned or expected results.
Variances
Discrepancies between planned financial outcomes and the actual results, used in budgeting and accounting to analyze and control costs.
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