The actual value of a piece of jewelry is the current price the market will determine if the jewelry is sold today. An appraisal is an estimated price the jewelry will sell for if the market and demand is ideal.
The effective date is the actual date that the appraiser is on the property, the market value at that specific time. A retrospective appraisal is an appraisal that gives the market value at another specific time other than when the appraisal is done. The retrospective appraisal utilizes information only up to the retrospective date. A good example for the need of a retrospective appraisal is fire, or the belief that a home was over appraised at an earlier date.
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
An appraisee is the home buyer or home owner having the appraisal done. The appraiser is the person doing the actual appraisal to determine the value of the property.
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!
(actual - plan)/plan