Examlex
How are information systems used at the industry level to achieve strategic advantage?
Machine-Hours
A measure of production output or used capacity based on the number of hours machines are operated.
Spending Variance
The difference between the actual amount spent and the budgeted amount for a particular period, used in budget control and analysis.
Patient-Visits
The number of times patients visit a healthcare provider or facility for treatment or consultation.
Static Budget
A budget that does not change or adjust in response to variations in business activity levels.
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