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When performing a glucose tolerance test (GTT), the fasting blood specimen is tested before the patient drinks the glucose.
Variance
The difference between a planned, budgeted, or standard amount and the actual amount incurred or realized.
Revenue Variance
The difference between actual revenue earned and expected revenue, often used in budgeting and financial analysis.
Materials Price Variance
The difference between the actual cost of raw materials used in production and the expected (or standard) cost of those materials.
Raw Materials Quantity
The amount or volume of raw materials required or used in the production process, often measured to assess inventory needs and costs.
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