Examlex
Obtaining information in order to steal your identity from documents discarded by your bank is an example of
Product
A good or service that is created through a process and is available for sale to consumers.
Service
The act of providing assistance or benefits to customers or clients without the sale of tangible goods.
Price Variances
A measurement of the difference between the actual cost of a good or service and its expected cost.
Quantity Variances
Quantity variances are differences between the expected and actual quantities of inputs (materials, labor) used in the production process or during a specific period.
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