Examlex
Sociology promotes understanding and tolerance by enabling each of us to look beyond our personal experiences.
Avoidable Cost
Expenses that can be eliminated if a particular decision or action is avoided.
Financially Better
A general term that implies an improvement in financial condition or performance compared to a previous period.
Variable Expenses
Costs that fluctuate in direct proportion to changes in the level of activity or business operations, such as materials and labor.
Fixed Expenses
Costs that do not change with the level of production or sales activity, such as rent, salaries, and insurance.
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