Examlex
What is the main reason for job obsolescence?
Flexible Budget
A budget that adjusts or varies with changes in volume, activity, or other relevant factors.
Responsibility Accounting
A system of accounting that involves assigning revenues and costs to the managers responsible for their incurrence, promoting accountability.
Average Month
A concept used to calculate the average results or performance over several months, smoothing out fluctuations.
Return on Investment
A financial metric measuring the profitability of an investment, calculated as net profit divided by the cost of the investment.
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