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Reports written in programs such as Microsoft Word are still common, but more companies, particularly financial services and consulting firms, are using programs such as PowerPoint for reports that combine text and graphics.
Fixed Cost
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.
Patent
A legal right granted to an inventor or assignee to exclusively make, use, or sell an invention for a certain number of years.
Fixed Cost
Expenses that do not change in total despite fluctuations in the volume of goods or services produced or sold.
Patent
A legal document granted by the government, giving an inventor exclusive rights to make, use, and sell an invention for a certain number of years.
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