Examlex
When a firm wants to borrow directly from the public to finance the purchase of new equipment, it does so by selling bonds.
Revenue Variances
The difference between actual revenue and expected revenue over a specific period, often analyzed to understand performance.
Spending Variances
Differences between the actual amount spent on something and its budgeted (or planned) amount, often analyzed for cost control purposes.
Flexible Budget
A budget that adjusts or flexes with changes in volumes or activity levels, helping managers to better compare actual to budgeted performance.
Jeep Tours
Guided tours offered using jeep vehicles, often in rugged terrains or places of scenic beauty.
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