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Vocational School
An educational institution that provides specialized training and education aimed at preparing students for specific trades, crafts, or careers.
Activity Variances
The differences between planned or expected levels of activity (and associated costs) and actual outcomes, often used for performance evaluation and control.
Students
Individuals engaged in learning at educational institutions, ranging from schools to universities, but not a key term related to accounting or finance directly.
Cost Drivers
Factors that cause a change in the cost of an activity, such as machine-hours, labor-hours, or quantity of materials.
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