Examlex
The formats used to convey messages, including oral, written, and electronic, are referred to as communication
Fixed Expenses
Fixed expenses are costs that do not change with the volume of output, such as rent or salaries, providing stability in financial planning but requiring effective budget management.
Net Income
The total profit of a company after deducting all expenses, taxes, and losses, indicating its financial performance over a period.
Total Expenses
The sum of all costs and expenses incurred by a business during a specific period, including operating expenses and cost of goods sold.
Direct Materials
Raw materials that can be directly linked to the production of specific goods or services.
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