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Lewis Henry Morgan believed in a hierarchical evolution of society from "savagery" to "civilization," but, unlike E.B. Tylor, Morgan emphasized the evolution of the family and kinship terms.
Equipment Depreciation
The allocation of the cost of tangible assets over their useful lives, reflecting the reduction in value due to wear and usage.
Spending Variance
The difference between the budgeted or planned amount of expenses and the actual amount spent.
Supplies Costs
Expenses associated with the purchase of supplies needed for the operation of a business or the production of goods.
Spending Variance
The difference between the actual and budgeted amount of spending, indicating over or under spending.
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