Deregulation of the Railroad,airline,and Electricity Industries Has Yielded Substantial Benefits

question 100

True/False

Deregulation of the railroad,airline,and electricity industries has yielded substantial benefits: more competition,lower prices,and improved services.

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Definitions:

Spending Variance

The difference between the actual amount of money spent and the budgeted amount for a particular cost category or department.

Planning Budget

A planning budget is used for guiding a company's spending and operational goals before the start of a financial period.

Other Expenses

Financial outlays that do not fit into standard cost categories, often including unusual or infrequent costs.

Spending Variance

The difference between the actual amount spent in a budget category and the amount that was originally budgeted, indicating over or under-spending.