Examlex
A hard drive feature known as "hot swap" is a RAID implementation (typically referred to as RAID Level 1) in which the computer records all data to twin drives simultaneously, providing a backup if the primary drive fails.
Cost of Goods Sold
The direct costs attributable to the production of goods sold by a company, including materials, labor, and overhead.
Sales Revenue
The total amount earned from the sale of goods or services before deducting any expenses, discounts, and returns.
Period Cost
Costs that are expensed in the period they are incurred, not directly tied to the production process and include expenses such as rent, utilities, and administrative salaries.
Workers' Compensation
A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.
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