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Match the Meanings with Their Correct Terms

question 31

Multiple Choice

Match the meanings with their correct terms.

-Keratin


Definitions:

Data Collected

Information gathered for analysis or used to make decisions, often through observations, experiments, or measurements.

Variable Costs

Costs that vary directly with the level of production or output, such as materials and direct labor costs.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance, providing stability in a budget.

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