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Connotative Meaning Refers to the Individualized, Personalized Meaning That We

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Connotative meaning refers to the individualized, personalized meaning that we give to a word.


Definitions:

Actual Results

The concrete outcomes or data obtained from actions or operations, compared against planned or predicted results.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity.

Static Budgets

A budget that is created for a single level of activity and does not change in response to variations in business activity levels.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels within a business.

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