Examlex
Which of the following primarily involve long-term sourcing?
Variable Costs
Expenditures that adjust according to the quantity of goods or services produced by an enterprise.
Fixed Costs
Regular outgoings that stay the same whether production or sales rates increase or decrease, for instance, rental costs or salary payments.
Net Income
This refers to the total profit of a company after all expenses and taxes have been deducted from total revenue.
Variable Cost
Costs that vary in proportion to the volume of goods or services produced, such as materials and labor.
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