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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Your level of formal education is a [controllable | noncontrollable] factor that has a considerable effect on your income.
Net Operating Income
Profit generated from a company's core business operations, excluding deductions of interest and taxes.
Flexible Budget
A flexible budget adjusts based on changes in the volume of activity, allowing for a more accurate comparison of actual to budgeted performance.
Tenant-Days
The total number of days rented across all properties within a specified timeframe, used for calculating occupancy rates and revenue in the hospitality or rental sector.
Administrative Expenses
Costs related to the general operation of a business that are not directly tied to the production of goods or services, such as office supplies, salaries of administrative staff, and utilities.
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