Examlex
MapReduce breaks up the huge dataset into smaller subsets;then distributes the subsets among multiple servers where they are partially processed.
Standard Cost Performance Report
A financial analysis tool that compares actual costs incurred to standard costs, identifying variances for managing performance.
Variance Analysis
The process of investigating the difference between planned and actual numbers to understand deviations in financial performance.
Direct Materials Price Variance
The difference between the actual cost and the standard cost of materials used in production, indicating how effectively a company manages its material costs.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels of the organization.
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