Examlex
Who is credited with originating the linguistic-relativity hypothesis?
Variances
The differences between planned or expected financial outcomes and the actual results achieved.
Fixed Budget
A budget that outlines expected revenues and expenses over a specific period, which does not adjust in response to changes in business activity levels.
Static Budget
A budget that does not change or adapt to variations in business activity levels throughout the budgeting period.
Sales Variance Analysis
A financial process used to compare the actual sales against forecasted sales to understand variances and their causes.
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