Examlex
An operational definition is:
Activity Variance
The difference between the budgeted amount for an activity and the actual amount spent.
Budgeting
The process of creating a plan to spend your money, outlining how much revenue a company anticipates receiving and how much it expects to spend over a specific period.
Actual Results
The real, achieved outcomes of activities, such as financial performance, compared against planned or projected outcomes.
Customers Served
The number of individual clients or customers that a business or service has provided for over a certain period of time.
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