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Structured Walk-Throughs Take Place Throughout the SDLC and Are Called

question 47

Multiple Choice

Structured walk-throughs take place throughout the SDLC and are called ____ reviews, depending on the phase in which they occur.


Definitions:

Unfavorable Cost Variance

A variance that occurs when the actual cost exceeds the standard cost.

Favorable Cost Variance

A variance that occurs when the actual cost is less than standard cost.

Standard Cost

A predetermined cost of manufacturing, storing, and marketing a product, used for budgeting and performance evaluation.

Variances

Differences between planned or expected financial performances to the actual financial performance.

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