Examlex
Match each of the following terms with its corresponding definition.
-A person,place,object,event or concept in the user environment about which the organization wishes to maintain data.
Total Revenue
The overall income generated by a firm from its sales activities before any costs or expenses are subtracted.
Normal Return
The minimum profit necessary for a company to remain in business, often equated to covering opportunity costs.
Total Fixed Costs
The sum of all costs required to produce any output, assuming they remain constant regardless of the level of production.
Fixed Costs
are expenses that do not change in response to the level of goods or services produced by a business, like rent or salaries.
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