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A __________ operates by monitoring the current flow on both the ungrounded 'hot' conductor and the grounded conductor.
Net Operating Income
The profit a company makes after deducting operating expenses from gross income, excluding interest and taxes.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product cost calculations, excluding fixed overhead.
Break-Even Sales
The amount of revenue from sales at which a business covers its costs, without making a profit or incurring a loss.
Common Fixed Expenses
Overheads that are consistent in amount across different business segments, departments, or products.
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