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Budget variances are: A result of positive revenues The difference between what was budgeted and what actually occurred A budget that accommodates a range of

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Budget variances are: A result of positive revenues The difference between what was budgeted and what actually occurred A budget that accommodates a range of activities A tangible asset pledged to repay a loan Question 2 3 pts Budget variances associated with short term strategies include Revenue enhancement Cost containment Revenue attainment b&c Question 3 3 pts

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