Examlex
State the accounting term that applies to each of the following definitions.
Revenue Variance
The difference between a company's actual revenue and its expected or budgeted revenue during a specific period.
Spending Variances
Differences between budgeted and actual expenditures in various categories, often analyzed in budgeting to understand financial performance.
Patient-Visits
A metric used in healthcare management to quantify the number of times patients visit a healthcare facility.
Standard Cost
A predetermined cost of manufacturing, selling, and administrative activities, used as a benchmark to measure performance.
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