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A company is analyzing its month-end results by comparing it to both static and flexible budgets.During the month,the actual sales price was higher than the expected sales price as per the static budget.This difference results in a(n) ________.
Chronological Age
The actual age of an individual or thing as measured in years from the date of birth.
Mental Age
A concept in developmental psychology that represents the cognitive ability of an individual in comparison to others of a certain chronological age.
Two Years
A time period equivalent to 24 months or approximately 730 days.
Intelligence Quotient
A measure of a person's cognitive abilities and potential, compared to the population, often calculated through standardized testing.
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