Examlex
A dependent intervening cause (sometimes called a "responsive intervening cause") is one that is either not intended or not reasonably foreseen by the defendant.
Flexible Budget
A budget that adapts or changes according to fluctuations in activity levels or volume.
Fixed Costs
Costs that do not vary with the level of production or sales over a certain range, such as rent, salaries, and insurance.
Activity Level
A measure of the volume of production or operations, which can impact costs and profitability within a business.
Cost Driver
A factor that causes the cost of an activity or process to change, used in activity-based costing to allocate costs more accurately.
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