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If company rules can be shown to discriminate against certain employees, the company may be able to justify these rules as a "business necessity."
Operating Expense
Recurring expenses incurred during regular business operations, such as salaries, utilities, and rent.
Operating Profit
Operating Profit refers to the profit earned from a firm's core business operations, excluding deductions of interest and taxes.
Selling Price
The amount of money for which a product or service is sold to the buyer.
Unit Cost
The cost incurred by a company to produce, store, and sell one unit of a particular product or service.
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