Examlex
Water activity is the amount of water that bacteria need to survive.
Materials
Raw resources or supplies used in the production of finished goods.
Revenue
The total income generated by a company from its usual business activities, usually from the sale of goods and services to customers.
Spending Variance
A financial metric that indicates the difference between the budgeted or planned amount of spending and the actual amount spent.
Flexible Budget
A budget that is adaptable and varies according to the changes in activity level or volume.
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