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Identify a difference between central tendency error and leniency error.
Measure of Activity
An identifier used to gauge the level or intensity of activity within a certain process or system.
Planning Budget
A budget designed for a specific level of activity, often used as a tool for performance evaluation and cost management.
Net Operating Income
The profit a company makes from its normal business operations, excluding expenses from financing and taxes.
Service Company
A business that provides intangible products, such as services or expertise, rather than physical goods.
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