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Can children "grow overnight?"
Reality
The state of things as they actually exist, as opposed to an idealistic or notional idea of them.
Process
A series of actions or steps taken in order to achieve a particular end.
Favorable Variance
The difference between actual results and expected (budgeted) results that indicates more efficient or cost-effective performance.
Actual Cost
The actual expenses incurred in acquiring an asset or delivering a service, including all relevant expenditures without estimation.
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