Examlex
One catalyst for sales training concerning ethical and legal issues is product liability litigation.
Cost of Goods Sold
The immediate expenses directly linked to the manufacturing of products sold by a firm, such as labor and materials used.
Finished Goods Inventories
The stock of completed products that are ready to be sold but have not yet been purchased or distributed.
Credit Balance
The amount of money credited to an account, indicating the sum that a financial institution or vendor owes to the account holder.
Manufacturing Overhead
A rephrasing of Factory Overhead, encompassing all indirect costs associated with the manufacturing process, such as utilities, maintenance, and management salaries.
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