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The actual yield of a reaction product is always less than the yield from the chemical equation. This is because of error.
The percent error is calculated by taking the absolute difference between the measured value and actual value, dividing it by the actual value, and then multiplying by 100. If the actual weight is not provided, the percent error cannot be calculated.
This disparity is known as a "performance gap." It occurs when there is a difference between the desired or expected outcome and the actual result. Identifying and addressing the root causes of the performance gap is essential for improving outcomes and achieving desired goals.
Idle time variance is calculated by finding the difference between the actual idle time and the standard idle time, then multiplying the result by the standard rate for idle time. The formula is: Idle Time Variance = (Actual Idle Time - Standard Idle Time) x Standard Rate for Idle Time. This variance helps identify whether idle time was more or less than anticipated and its impact on costs.
A sales volume variance measures the difference between the actual quantity of units sold and the budgeted quantity of units sold, multiplied by the standard selling price. It indicates the impact of changes in sales volume on a company's revenue and is used to assess the effectiveness of sales strategies and forecasts.
The difference between actual quantity and standard quantity is called the material quantity variance.
There is no difference between the jack used in the actual sense and in the lab.
The difference between the Actual Value & Earned Value is the Project Cost Variance
However, if there is a material difference between the expected and actual balance, the auditor will investigate this difference further. At this point the auditor will develop an explanation for the difference.
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actual buyer is that which is actual buyer and potential buyer is that which is potential buyer..............
Difference between actual amount and budgeted amount is called "Variance" and variance analysis is done to find out the reasons for variance
What is the difference between ideal and actual cycle?
Actual output is the "real" GDP ( gross domestic product). potential output is the targeted output set by the government. the difference between the actual and potential output is UNDEREMPLOYMENT!
An actual measurement is going to be more accurate than an estimate.
(actual - plan)/plan
Subtract the sales price from the actual price!