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Which of the following are characteristics of organizations?
Raw Materials Inventory
Stocks of unprocessed materials that are used in the manufacturing process to create finished goods.
Raw Material Needs
The quantity of raw materials required to meet production schedules and maintain inventory levels.
Net Operating Income
A company's income after subtracting operating expenses but before deducting taxes and interest charges.
Variable Selling Expense
Costs that vary directly with the level of sales, such as commissions for sales personnel, shipping charges, and promotional expenses.
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