Examlex
Which of the following pairings is correct?
Planning Budget
A financial plan that estimates revenue and expenses over a specific period in the future, guiding managerial decisions and actions.
Revenue
The total amount of money received by a company for goods sold or services provided during a certain period of time.
Formula
A mathematical equation or rule expressed in symbols, often used in scientific, mathematical, or financial calculations.
Variable Overhead Efficiency Variance
The difference between actual variable overhead and the standard cost, reflecting efficiency in using resources that vary with production volume.
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