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Which of the following is true?
Activity Variance
The difference between the budgeted cost of activities planned vs. the actual cost of activities incurred.
Administrative Expenses
Expenses related to the general operation of a business that are not directly tied to production, such as office supplies and salaries of non-production staff.
Client-Visits
The act of meeting with clients in-person or virtually to discuss services, products, or business progress.
Personnel Expenses
Costs incurred by a business related to the compensation of its employees, including wages, benefits, and taxes.
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