Examlex
CALEA is a non-profit organization that has developed and administers 459 mandatory standards for law enforcement agencies to meet in order to earn accreditation.
Sales
The transactions between a company and its customers where goods or services are provided in exchange for money.
Margin of Safety
The difference between actual sales and breakeven sales, indicating how much sales can decrease before a business incurs a loss.
Variable Expenses
Expenditures that fluctuate in tandem with operational activity levels, including costs like utilities and commissions.
Net Income
The total profit of a company after all expenses, including taxes and operating expenses, are subtracted from total revenue.
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