Examlex
Auditing _________ the computer means auditors check inputs, outputs, and processing.
Net Operating Income
The profit generated from a business's operations after subtracting operating expenses, but before interest and taxes.
Degree Of Operating Leverage
A financial ratio that measures the sensitivity of a company's operating income to a change in its sales volume.
Variable Expenses
Expenses that change in proportion to the activity of a business, such as raw material costs or sales commissions.
Fixed Expenses
Expenses that remain constant regardless of production or sales volume, including rent, insurance, and salaries.
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