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What can be said about a manager who believes that she worked hard and met the productivity goals of her organization despite unfavorable conditions?
Actual Cost
The real cost incurred for goods, services, or other items, as opposed to budgeted or estimated costs.
Budget Performance Report
A report comparing actual financial performance with the planned or budgeted performance.
Budgeted Amounts
Estimated financial figures for revenues, expenses, assets, and liabilities prepared for future periods.
Actual Results
The real outcomes or outputs of an activity, project, or financial operation, measured at the end of the period.
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