Examlex
Match each description with the item below.
-Calvin Coolidge
Gross Profit
The financial difference between revenue and the cost of goods sold (COGS), indicating the efficiency of a business in managing its direct costs.
Cost of Goods Sold
An accounting term representing the direct costs attributable to the production of the goods sold by a company.
Administrative Expenses
Costs related to the general operation and management of a business, such as salaries of executive personnel and office supplies.
Backlog Report
A document detailing tasks, features, or actions that need to be completed, often used in project management and software development.
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