Examlex
Research on attention and workload among pilots
Net Operating Income
The total profit of a business after all operating expenses are deducted from gross revenue, excluding taxes and interest payments.
Corporation
is a legal entity recognized by law as a separate entity from its owners, with its own rights and obligations.
Variable Costing
A costing method that includes only variable manufacturing costs in product costs and treats fixed manufacturing overhead as a period expense.
Absorption Costing
An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - as part of the cost of a product.
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