Examlex
Please match the definition with the grant appropriate.
-A grant allowing an individual who is actively employed in a professional capacity to begin a career in research or to further develop research-related skills and contributions
Direct Materials Quantity Variance
The difference between the actual quantity of materials used in production and the standard quantity expected, multiplied by the standard cost per unit.
Flexible Budget Sales
Projected sales figures that can adjust based on changes in production levels or market conditions.
Actual Sales
Revenue generated from goods sold or services provided in a particular period, factually recorded.
Sales Variance
Sales variance is the difference between actual sales and budgeted or planned sales, used to assess performance.
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