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In this Piagetian stage, toddlers intentionally try out different behaviours to see what the effects will be.
Actual Sales
The real revenue generated from goods or services sold by a business, as opposed to projected or forecasted sales.
Activity Base
A measure or quantity (e.g., labor hours, machine hours) used in allocating overhead costs to products or services, reflecting the cause-and-effect relationship between cost drivers and costs.
Net Income
The amount of profit left after all operating expenses, taxes, and other costs have been subtracted from total revenue.
Variable Costs
Financial outlays that adjust based on the level of a firm's activity.
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