Examlex
Which scientist first described the manner in which the heart functions as a pump that continually circulates the blood?
Fixed Cost
A cost that remains constant, in total, regardless of changes in the level of activity within the relevant range. If a fixed cost is expressed on a per unit basis, it varies inversely with the level of activity.
Special Order
A one-time customer order, often at a negotiated price, that is outside the company's standard range of products or services.
Irrelevant
Pertains to information or factors that do not influence or impact a decision-making process.
Split-off Point
The stage in a production process where joint products are identifiable or separable into individual products.
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