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The Uniform Gift to Minors Act make it possible for adults to make irrevocable gifts of money and securities to minors.
Variable Overhead Costs
Costs that fluctuate with production volume, such as utilities or raw materials.
Service Company
A business that provides non-physical goods or services to customers.
Planning Budget
A budget created for a particular level of activity, used as a tool for decision making and performance evaluation.
Employee Salaries And Wages
The compensation paid to employees for their labor, including both fixed salaries and hourly wages.
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