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Describe the four general forces in the societal environment.
Medical Supplies
Items and equipment used in the healthcare industry for patient care, diagnostic, and treatment purposes.
Revenue
Income generated from normal business operations or other sources, serving as a company's primary source of income.
Spending Variance
The difference between the actual amount spent and the budgeted amount for a particular accounting period.
Net Operating Income
The revenue earned from normal business operations after deducting operating expenses but before interest and taxes.
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