Examlex
According to Juran, the language of things pertains to ________.
Fixed Cost
Expenses that remain constant regardless of production or sales volumes, including rent, salaries, and insurance premiums.
Servicing Materials
Supplies and materials used in the maintenance or repair of equipment and machinery to ensure their proper functioning.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels of the organization.
Variable Cost
Expenses that vary directly with levels of output or production volume.
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