Examlex
When Thomas said "a blushing crow" instead of a "crushing blow" in order to get a laugh he was using
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels of the business.
Unfavorable Variance
A financial term describing a situation where actual costs exceed budgeted or planned costs.
Standard Cost
A predetermined cost of manufacturing a product or providing a service, used as a benchmark to measure performance and efficiency.
Volume Variance
The difference between the planned volume of production or sales and the actual volume, which can affect costs and revenue.
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