variation

  

Definition

Inevitable change in the output or result of a system (process) because all systems vary over time. Two major types of variations are (1) Common, which is inherent in a system, and (2) Special, which is caused by changes in the circumstances or environment.

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The Forms of Financial Fraud

There are no new forms of financial fraud; in the last hundred years there have only been small variations of a few classic designs. ... Read more

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