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_____ Refers to the Impression of a Long-Term Continuity a Business

question 81

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_____ refers to the impression of a long-term continuity a business gives others.


Definitions:

Per Hour

A rate or measurement that denotes something occurring or calculated over the course of an hour.

Material Variance

The difference between the actual cost of materials used in production and the standard cost expected.

Favourable Variances

Differences between actual and budgeted performance that result in better than expected financial outcomes.

Raw Material

The basic materials from which products are manufactured or made.

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