Examlex
MATCHING
-third party that certifies that a Web site meets criteria for conducting business in a secure manner
Spending Variances
The difference between the actual amount of money spent and the budgeted amount for various cost items.
Refurbishment
The process of cleaning, decorating, and providing new equipment or facilities to make a building or item look new again.
Flexible Budget
A budget that adjusts or varies with changes in volume or activity, allowing for more accurate budgeting in variable operating environments.
Machine-Hours
A measure of production time, where one machine-hour equals the operation of one machine for one hour.
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