Examlex
Identify the letter of the choice that best matches the phrase or definition.
-A technology that reads hand-drawn marks such as small circles or rectangles
Budgeted Amount
Financial projections or planned amounts set aside for specific purposes, revenues, or expenses during a budget period.
Quantity Variance
The difference between the expected amount of materials or products required for production and the actual amount used, affecting budget or efficiency evaluations.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product.
Favorable
A term used in accounting and finance to describe a condition or result that is better than expected or budgeted.
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