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Spending Variance
The variance between the real expenditure and the anticipated budget over a specific timeframe.
Other Expenses
Costs not directly related to the production of goods or services, such as administrative and marketing expenses.
Fixed Cost
Costs that do not change with the level of production or sales volume, remaining constant regardless of business activities.
Planning Budget
An initial budget created using the assumptions of a particular level of activity to guide a company's financial decisions.
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