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________ involves connecting to data sources, creating report structures, and formatting reports.
Absorption Costing
An accounting method that includes all manufacturing costs (both fixed and variable) in the cost of a product.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, reflecting the actual profitability.
Absorption Costing
A method of accounting that incorporates both variable and fixed manufacturing expenses into the pricing of a product.
Variable Costing
A costing method in which only variable production costs are assigned to inventory and cost of goods sold, excluding fixed manufacturing overhead.
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