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What eliminated racial discrimination and ethnic favouritism and established a points system?
Adjusted Cost
A value that has been modified from its original cost to reflect changes due to various factors, such as depreciation or amortization.
Income Statement
A report showcasing a business's fiscal results during a particular accounting cycle, which includes information on income, costs, and profit.
Manufacturing Overhead
All indirect costs associated with manufacturing, such as utilities, maintenance, and factory management salaries, not directly tied to producing a specific product.
Opportunity Costs
The cost of foregoing the next best alternative when making a decision or choosing an option.
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