The difference between the amount budgeted and the actual amount received or spent is called the

Name: The difference between the amount budgeted and the actual amount received or spent is called the
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The difference between the budgeted amount and the actual amount is called variance. The other options, such as cash outflow, income, cash inflow, and variable expenses, are not specifically related to the difference between budgeted and actual amounts.

The Difference Between the Amount Budgeted and the Actual Amount