Examlex
Choose the correct word or words in parentheses.
-The downpour did not (affect, effect)the outcome of the game.
Net Operating Income
The profit generated from a company's core business operations, excluding deductions of interest and taxes.
Direct Labour
The wages or salaries paid to employees who are directly involved in the manufacturing or production of goods.
Bottleneck Operations
Stages in the production process that limit the overall output because they have a lower capacity compared to other stages.
Contribution Margin
The amount remaining from sales revenue after variable costs have been deducted, indicating how much contributes to covering fixed costs and generating profit.
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