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Which of the following is an example of a feedforward control?
Fixed Costs
Fixed costs are business expenses that remain constant regardless of production volume, such as rent, salaries, and insurance premiums.
Variable Costs
Costs that change in proportion to the level of goods or services produced by a business.
Net Income
The amount of profit remaining after all expenses, taxes, and costs have been deducted from total revenue.
Break-even Point
The point at which cost or expenses and revenue are equal, resulting in neither profit nor loss.
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