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After the figure for net income appears on the income statement, __________ data is computed.
Spending Variance
The difference between the actual amount of money spent and the budgeted amount in a given period.
Occupancy Costs
Expenses related to occupying a space, including rent, utilities, and other facility-related costs.
Spending Variance
The difference between the actual spending and the budgeted or planned spending in a given period.
Revenue Variance
The difference between the actual revenue earned and the expected revenue according to budget.
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