Examlex
An employee who is following orders cannot be held liable for any criminal charges that result from that conduct.
Controllable Margin
The net operating income after variable costs are subtracted, highlighting what management can influence directly.
Operating Assets
Assets used in the daily operations of a business to generate income, such as equipment, inventory, and accounts receivable.
Division ROI
Return on Investment for a specific division or segment within a company, measuring profitability in relation to its operating assets.
Variable Expenses
Expenses that change in proportion to the activity of a business.
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