Examlex
The first step in the metabolism of a triacylglycerol is hydrolysis of the ester bonds to form glycerol and three fatty acids in a reaction called a simple ester hydrolysis. In the cells of the body,this reaction is catalyzed by acids.
Net Operating Income
Income from a company's core business operations, excluding deductions of interest and taxes.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels of the business, allowing for more accurate budgeting and performance evaluation.
Direct Materials
Raw materials that are directly traced and integral to the manufacturing of a finished product.
Spending Variance
The difference between the budgeted or standard cost of something and the actual amount spent, often analyzed in budgeting and cost management.
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