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Many large IT departments use a(n) _____ team that reviews and tests all applications and systems changes to verify specifications and software quality standards.
Contribution Margin
The amount by which sales revenue exceeds variable costs of production, used to cover fixed costs and generate profit.
Net Income
The total earnings of a company after subtracting all expenses, including taxes and operating costs, indicative of its profitability.
Sales Mix
The combination of different products or services that a company sells, each contributing to total sales revenue.
Break-even Point
The point at which total costs and total revenue are equal, meaning no net loss or gain is incurred by the business.
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