Examlex
Setting a passing score for whites at 80 out of 100 and a passing score of 60 out of 100 for minority applicants in an admission test is an example of race norming.
Cost
The value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore.
Month
A unit of time, typically a portion of a year, based on the orbit of the moon around Earth, commonly comprising 28 to 31 days.
Raw Materials
The unprocessed natural materials or substances used in the initial stages of manufacturing to produce goods.
Indirect Materials
Materials used in the production process that cannot be directly linked to a specific product, such as lubricants and cleaning supplies used in the manufacturing facility.
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