Examlex
How is criterion-related validity established for a test
Market Segment
A subgroup of a larger market defined by its own unique preferences, characteristics, or needs.
Contribution Margin
The amount of revenue remaining after deducting variable costs, which contributes to covering fixed costs and generating profit.
Absorption Costing
A method of cost accounting that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.
Cost Behavior
The way in which a cost reacts or changes when there is a change in the level of business activity.
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