Examlex
_________prohibits different or separate educational services except when they are needed to insure equally effective benefits.
Lubricants
Substances applied to reduce friction between surfaces in mutual contact, which ultimately decreases the heat generated when the surfaces move.
Period Cost
Expenses incurred by a business that are not directly tied to production activities, such as administrative and selling expenses.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and are a significant portion of the total production cost.
Administrative Expense
Costs related to the general management and administration of a company, such as salaries of executive personnel, accounting departments, and front office.
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