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We often greet people with the comment "How 'ya doin'?" or "What's up?" The fact is we really don't care how they are doing or what is "up" in their lives. These are simply greetings equivalent to saying "Hi!" and do not require a response. What term did Harold Garfinkel use to describe these "taken-for-granted" aspects of social interaction?
Non-Financial Information
Data relevant to a company's operations that is not measured in monetary terms, such as customer satisfaction or employee turnover rates.
Fixed Costs
Expenses that do not change with the level of production or sales, including rent, salaries, and insurance premiums, providing predictability to budgeting.
Activity Levels
Various measures of operational intensity or volume of work done by a company, used in budgeting and cost management.
Finished Goods Account
The finished goods account is an inventory account that tracks the cost of manufactured goods or products that are completed and ready for sale.
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