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Which of the following is not part of orientation?
Providing information about pay days
Reading manuals
Taking a polygraph test
Introduction to co-workers
Learning about parking priorities
Fixed Costs
Costs that do not vary with the level of production or sales over a specified period, such as rent or salaries.
Operating Income
The profit realized from a business's operations after subtracting operating expenses from gross profits.
Contribution Margin
The residual amount from sales income post the subtraction of variable costs, signifying its role in offsetting fixed expenses and creating profit.
Variable Costs
Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor expenses.
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