Examlex
Match each item to the phrase or sentence listed below.
a. Noninterference policy
b. Rules created by judges
c. Legal rules regarding agency policies
d. Rules other judges follow with similar cases
e. Laws created by legislatures
f. Lists individual rights
g. Intervention towards an agreed resolution
h. Responsible for compensation of a plaintiff
i. Judicial order
j. Investigates public officials
-Ombudsman
Direct Material Cost
The expense of basic materials and parts directly utilized in manufacturing a product.
Period Cost
Costs that are not directly tied to the production process and are expensed in the period in which they are incurred, such as selling, general, and administrative expenses.
Opportunity Cost
The cost of forgone alternatives when one option is chosen over another.
Administrative Expense
Costs related to the general operation and administration of a business, including salaries of executive personnel, office supplies, and utilities.
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