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3.9 Glossary of key terms

Unit 3.9 Glossary of key terms - Budgets (HL only) Key term Definition Adverse variance Budget Budgetary control Cost centre Favourable variance Organization by function Organization by geography Organization by product Profit Profit centre Variance Variance analysis Zero budgeting Return to the Unit 3.9 - Budgets (HL only) homepage Return to the Unit 3 - Finance and accounts homepage

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