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Describe What Is Meant by "Insidious Trauma" and Give Two

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Essay

Describe what is meant by "insidious trauma" and give two examples.


Definitions:

Net Income

The net income a business realizes once it has subtracted all outgoings and fiscal charges from its revenue.

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Salespeople Salaries

The total amount paid to employees who are responsible for selling a company's products or services.

Variable Costing

An accounting method that only considers variable costs for product costing, excluding fixed manufacturing overhead.

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