Which Term Means a Marked Deviation from the Normal Standard

question 148

Multiple Choice

Which term means a marked deviation from the normal standard, especially as a result of congenital defects?

• A) Abduction
• B) Anomaly
• C) Inversion
• D) Adduction

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Definitions:

Net Operating Income

The profit generated from a company's everyday business operations, excluding taxes and interest.

Absorption Costing

A strategy in accounting where the cost of a product encompasses all the production expenses: direct materials, direct labor, and manufacturing overheads, regardless of them being fixed or variable.

Net Operating Income

An indicator of a firm's earnings derived solely from its principal business activities, without accounting for interest and tax expenses.

Last Year

Refers to the previous calendar or fiscal year.