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Which of the following may form one colony?
Wages and Salaries
Payments made to employees for their services within a specific time period, including both hourly wages and fixed salaries.
Activity Variance
The difference between actual activity levels and planned or standard activity levels, often analyzed in budgeting and performance management.
Budgeting
The process of creating a plan to spend your money, outlining projected income and expenses over a specific period.
Actual Results
The genuine outcomes of a business's operations, such as actual sales, expenses, or profit, as opposed to forecasts or estimates.
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