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1. The following profit information was taken from LIU Physician Practices Group's budget data: a. Simple Budget: $1.2 Million b. Flexible Budget: $1.0 Million c.

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1. The following profit information was taken from LIU Physician Practices Group's budget data: a. Simple Budget: $1.2 Million b. Flexible Budget: $1.0 Million c. Actual Results: $500,000 What is the simple profit variance? ich a

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