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Security software allows an IT department to track Web site usage and statistics.
Purchasing Department
A division within a company that is responsible for procuring goods and services necessary for the company’s operations.
Material Price Variances
Material price variances represent the difference between the actual cost of raw materials used in production and the expected or standard cost.
Sales Department
The division within a company responsible for the sale of products and services, including marketing and customer relations.
Operating Income
The difference between gross profit and operating expenses.
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