Examlex
According to the text, what type of background checks are intended for higher level positions involving the handling of money or sensitive information, and include education verification, professional credential checks and contacting references?
Net Operating Income
Net operating income reflects the profit a company makes from its operations, exclusive of taxes and interest.
Variable Costs
are expenses that change in proportion to the activity of a business, such as raw material costs, which increase with the level of production.
Direct Labor
Factory labor costs that can be easily traced to individual units of product. Also called touch labor.
Contribution Margin
The amount by which sales revenue exceeds variable costs of production, indicating the contribution towards covering fixed costs.
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