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What is an oligopoly? Give two examples of oligopolistic industries in the United States.
Vocational School
An educational institution designed to provide vocational education, or technical skills required to perform the tasks of a particular and specific job.
Revenue Variances
Differences between actual revenue and budgeted or forecasted revenue figures.
Budgets
Financial plans that estimate future income, expenditures, and resources over a specific period.
Standard Cost System
A cost accounting system that compares actual costs to predetermined or standard costs to help in budgeting and variance analysis.
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