The Difference Between the Amount Budgeted and the Actual Amount

question 107

Multiple Choice

The difference between the amount budgeted and the actual amount is called a

• A)financial plan.
• B)current liability.
• C)change in net worth.
• D)budget variance.
• E)variable living expense.

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Definitions:

Clauses

Specific provisions or sections within a contract, legal document, or statute that detail particular requirements, rights, or obligations.

Contractions

The process in which muscles become shorter and tighter to perform a movement or, in the context of childbirth, the tightening and releasing of the uterus to facilitate delivery.

Punctuation Mark

Symbols used in writing that clarify meaning by indicating separation of words into sentences and clauses and phrases.