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Training of forensic personnel might include which of the following?
Actual Price
The price at which goods or services are sold, reflecting current market conditions.
Standard Price
A predetermined cost serving as a benchmark for the valuation of goods and services in accounting and budgeting.
Unfavorable Cost Variance
A situation where actual costs exceed standard or planned costs, indicating inefficiencies or increased expense.
Standard Cost
A pre-determined estimate of the cost to produce or acquire a single unit of product or service, used for budgeting and measuring performance.
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