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____________________ Are Serious Crimes Punishable by More Than One Year

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Short Answer

____________________ are serious crimes punishable by more than one year of incarceration.


Definitions:

Net Operating Income

The total profit of a company after all operating expenses are subtracted from total revenues but before deducting taxes and interest.

Absorption Costing

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

Net Operating Income

The total profit of a company after operating expenses are subtracted from operating revenues, but before deducting taxes and interest.

Net Operating Income

A measure of a property's profitability, calculated by subtracting all operating expenses from the gross operating income.

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