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Which of the following is a stipulative definition?
Operating Cash Flow
Describes the cash generated by the regular operating activities of a business in a specific period.
Contribution Margin
The amount by which the sale of a product or service exceeds its production costs, contributing to the covering of fixed costs and generating profit.
Financial Break-Even
The point at which total revenues and total expenses are equal, resulting in a net income of zero and indicating that a project or business is neither losing nor making money.
Fixed Costs
Expenses that do not change with the level of production or sales over a short period, such as rent, salaries, and loan payments.
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