Examlex
Summarize the consequences of World War II and compare them with those of World War I.
Material
Substantial or significant; in accounting, referring to an amount that would influence the decision of an informed user.
Labor
The human effort (physical or mental) contributed to the production of goods and services.
Overhead
Overhead refers to the indirect costs associated with running a business, such as rent, utilities, and administrative expenses, that are not directly tied to the production of goods or services.
Overhead Costs
Indirect expenses related to the day-to-day running of a business, such as rent, utilities, and office supplies, which are not directly tied to production.
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