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What are the advantages of holding inventory?
Revenue Variance
The difference between actual revenue and budgeted revenue, often analyzed to understand financial performance.
Spending Variances
Differences between the budgeted or planned amount of expenses and the actual amount spent.
Customers Served
The number of consumers who have been provided with services or products by a business during a specified period.
Revenue Variance
The difference between the actual revenue earned by a company and its expected (or budgeted) revenue.
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