Variances are calculated by subtracting the actual cost from ____

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02-09-2017
Business

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Variances are calculated by subtracting the actual cost from ____

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thert68 thert68 · Answer 1 · 2017-09-02T09:25:34+02:00

thert68 thert68

02-09-2017

Budgeted cost is the answer as by having the budget plan to compare to, the business, government agency, or non-profit organization can make adjustments to its management of costs or future budgets.

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