Short Answer

Calculating Magnitude of Financial Deviations

In a corporate budget report, a department shows a variance of -$1,200. To present the 'magnitude' of this discrepancy, an accountant uses the absolute value expression |-$1,200|. State the simplified numerical result of this expression and recall the fundamental definition of absolute value that explains why the result is non-negative.

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Updated 2026-04-17

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