Examlex
An unfavorable cost variance occurs when budgeted cost at actual volumes exceeds actual cost.
Ranking
The ordering or categorizing of items or individuals based on certain criteria, indicating their positions relative to each other.
Performance Categories
Classifications used to assess or evaluate the effectiveness or productivity of an individual, team, or system.
Very Good, Good, Adequate, Very Poor
A range of qualitative assessments or ratings typically used to evaluate performance, quality, or satisfaction across various contexts.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution, often through the mean, median, or mode.
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