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Which of the following are considered money?
I.electronic checks
Ii.paper checks
Iii.the deposit transferred using an e-check
Actual Level
The real, measured level of output, performance, or activity experienced by an organization, as opposed to projected or estimated levels.
Occupancy Costs
Expenses related to occupying a physical space, including rent, utilities, and property taxes.
Flexible Budget
A flexible budget adjusts to changes in activity levels, providing a more useful comparison of actual to budgeted performance.
Spending Variance
The difference between the budgeted or planned amount of cost and the actual amount incurred.
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