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The event that had the most profound influence in changing practical/vocational nursing was the
Standard Cost
A predetermined cost of manufacturing, labor, and materials, used for setting budgets and controlling costs.
Actual Cost
The real cost incurred for goods, services, or other items, as opposed to budgeted or estimated costs.
Budget Performance Report
A report comparing actual financial performance with the planned or budgeted performance.
Budgeted Amounts
Estimated financial figures for revenues, expenses, assets, and liabilities prepared for future periods.
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