Examlex
All of the following are true about foreign intermediaries except:
Variable Costs
Costs that vary directly with the level of production or with volume of services provided.
Fixed Costs
Fixed costs are expenses that do not vary with the level of production or sales within a certain range, such as rent, salaries, and insurance.
Automated Machine
A machine operated with minimal human intervention, typically using computer-controlled systems.
Margin of Safety
The difference between actual or projected sales and the break-even point, indicating the extent to which sales can drop before a business incurs a loss.
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