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It can be offensive for an officer to try to imitate the speech patterns of people from different cultures.
Operating Income
Profit generated from a company's regular business operations, excluding expenses like taxes and interest.
Contribution Margin
The amount of revenue remaining after deducting variable costs, which can be used to cover fixed costs and contribute to profit.
Fixed Costs
Expenses that do not change with the level of output or sales over a short period, such as rent, salaries, and insurance.
Variable Costing
An accounting method that only assigns variable costs to inventory, with fixed manufacturing overhead expenses charged to expense as incurred.
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