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What development approach is associated with free trade,individual initiative,and minimal government regulation?
Flexible Budget
A financial plan that is designed to change in response to the level of activity achieved.
Spending Variance
The difference between the actual amount spent and the budgeted amount for a period.
Employee Salaries and Wages
The payment made to employees for their services, either calculated hourly (wages) or over a fixed period (salaries).
Spending Variance
The difference between the actual amount spent and the budgeted amount for a particular period or category in financial management.
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