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ICANN operates under the auspices of the U.S. Department of _____________________.
Nonprofit Organization
An organization that operates for educational, charitable, social, religious, or other activities serving the public interest or common good, without the goal of making profits for owners or shareholders.
Break-Even Level
The point at which total revenues equal total expenses, resulting in neither profit nor loss.
Variable Cost
Costs that vary directly with the level of production or sales volume, such as raw materials and packaging.
CVP Income Statement
An income statement format used in cost-volume-profit analysis, showing sales, variable costs, and the contribution margin.
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