Favourable variance Study guides, Revision notes & Summaries
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CrossFit L1 TEST STUDY Questions | 100% Correct Answers | UpToDate Doc | Already Graded A+
- Exam (elaborations) • 26 pages • 2024
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What is crossfit ☑: Constantly varied functional movements executed at high intensity. 
The aims, prescription, methodology, implementation, and adaptations of CrossFit ☑: to forge a broad general and inclusive fitness Prepare for the unknown and 
unknowable. 
Characteristics of functional movements ☑: natural, universal motor recruitment patterns, essential, safe, compound yet 
irreducible, core to extremity, power. 
Most Important characteristic of Functional Movements ☑: their capac...
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AQA A Level Business Studies - BUSS2 Latest 2023 Graded A+
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AQA A Level Business Studies - BUSS2 Latest 2023 Graded A+ Budget An agreed plan, establishing, in numerical and financial terms, the policy to be pursued and the anticipated outcomes of that policy 
SMART How budgets must be: Specific Measurable Agreed Realistic Timed 
Variance Analysis The process by which the outcomes of budgets are examined and then compared with the budgeted figures 
Favourable Variance When costs are less than expected, or revenue is more than expected 
Adverse Variance Wh...
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Crossfit L1 TEST STUDY Exam With Complete Solutions 2024
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Crossfit L1 TEST STUDY Exam With Complete Solutions 2024What is crossfit - correct answer-Constantly varied functional movements executed at high intensity. 
 
The aims, prescription, methodology, implementation, and adaptations of CrossFit - correct answer-to forge a broad general and inclusive fitness Prepare for the unknown and unknowable. 
 
Characteristics of functional movements - correct answer-natural, universal motor recruitment patterns, essential, safe, compound yet irreducible, core ...
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AQA A Level Business Studies - BUSS2 Practice Questions and Answers
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Budget An agreed plan, establishing, in numerical and financial terms, the policy to 
be pursued and the anticipated outcomes of that policy 
SMART How budgets must be: 
Specific 
Measurable 
Agreed 
Realistic 
Timed 
Variance Analysis The process by which the outcomes of budgets are examined and 
then compared with the budgeted figures 
Favourable Variance When costs are less than expected, or revenue is more than 
expected 
Adverse Variance When costs are higher than expected or revenue is ...
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Edexcel Business A Level Paper 2 (Theme 2 & 3) ALL SOLUTION LATEST EDITION 100% CORRECT SPRING FALL-2023/24 EDITION GUARANTEED GRADE A+
- Other • 26 pages • 2023
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Retained profits 
profits that the owners have reinvested into the business after paying costs and taxes 
Owners' funds 
money put in by the owners themselves 
Sale of assets 
a one-off way to raise money, generally used during financial struggles 
Benefits of owners funds 
Avoids interest on loans 
Owners keep complete control 
Disadvantages of owners funds 
If it fails after remortgaging, they could lose their house 
Limit to amount raised 
Short term finance examples 
overdrafts for daily ex...
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7127-2-AQA ACCOUNTING-A-QUESTION PAPER 6Jun23-AM (1)-A-level ACCOUNTING Paper 2 Accounting for analysis and decision-making
- Exam (elaborations) • 36 pages • 2023
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0 1 Which is the source document for a payment by direct debit? 
[1 mark] 
A Bank statement 
B Cash receipt 
C Cheque counterfoil 
D Purchase invoice 
0 2 Which is the formula for markup? 
[1 mark] 
A 
Cost of sales 
Gross profit × 100 
B Gross profit 
Cost of sales × 100 
C Gross profit 
Revenue × 100 
D 
Revenue 
Gross profit × 100 
CORRECT METHOD WRONG METHODS 
3 
*03* 
Turn over ► 
IB/G/Jun23/7127/2 
Do not write 
outside the 
0 3 Which is a benefit of marginal costing box ? 
[1 ...
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Crossfit L1 Test Study Set Material With Verified Questions And Answers
- Exam (elaborations) • 13 pages • 2024
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What is crossfit - CORRECT ANSWER-Constantly varied functional movements 
executed at high intensity. 
The aims, prescription, methodology, implementation, and adaptations of CrossFit - 
CORRECT ANSWER-to forge a broad general and inclusive fitness Prepare for the 
unknown and unknowable. 
Characteristics of functional movements - CORRECT ANSWER-natural, universal 
motor recruitment patterns, essential, safe, compound yet irreducible, core to extremity, 
power. 
Most Important characteristic...
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CIPS L4M2 EXAM 2024
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CIPS L4M2 EXAM 2024 
 
Re-buy 
It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place 
Modified Buy 
Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. 
New Buy 
A new purchase outlines requirements that have not been specified befo...
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AQA A Level Business Studies - BUSS2 LATEST SOLUTION 2023 EDITION GUARANTEED GRADE A+
- Other • 6 pages • 2023
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Budget 
An agreed plan, establishing, in numerical and financial terms, the policy to be pursued and the anticipated outcomes of that policy 
SMART 
How budgets must be: 
Specific 
Measurable 
Agreed 
Realistic 
Timed 
Variance Analysis 
The process by which the outcomes of budgets are examined and then compared with the budgeted figures 
Favourable Variance 
When costs are less than expected, or revenue is more than expected 
Adverse Variance 
When costs are higher than expected or revenue is l...
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BTEC Unit 2 Finance Exam With 100% Correct Answers 2024
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BTEC Unit 2 Finance Exam With 100% Correct Answers 2024Start up Cost - correct answer-The expenses a new business must pay before it can begin to produce and sell goods 
 
Operating Cost - correct answer-Those costs involved in the ordinary day-to-day running of the business. 
 
Direct Cost - correct answer-Costs that are directly linked to the production, such as raw materials or labour. 
 
Indirect Cost - correct answer-Costs which cannot be directly related to a particular product. Often know...
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