Examlex
Simone likes some aspects of Business Card view but would like to experiment with a similar view that presents the records smaller.Which of the following do you recommend to her?
Variable Costs
Costs that change in proportion to the level of production or sales activity, such as raw materials and direct labor.
Operating Income
Income earned from a firm's regular business operations, excluding deductions of interest and taxes.
Absorption Costing
A costing method where all manufacturing costs, including both fixed and variable costs, are attributed to the product, thus fully absorbing them.
Net Income
The profit of a company after all expenses and taxes have been deducted from total revenue.
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