Examlex
How do public agencies maintain their base of power within government?
Flexible Budget Sales
Sales projections within a flexible budget that adjust based on actual levels of activity, rather than being fixed.
Fixed Budget Sales
A financial plan that outlines expected sales for a period based on set conditions, without adjustments for variations in actual performance.
Standard Costs
Standard costs are predetermined costs established as targets for the production of goods or rendering of services, used as benchmarks to measure performance.
Actual Costs
The real expenses incurred or paid during a project or operation, as opposed to budgeted or estimated costs.
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