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What is consistence of measurement, over time or multiple testing occasions
Absorption Costing
An accounting methodology that includes all manufacturing costs (direct materials, direct labor, and both variable and fixed manufacturing overhead) in the cost of a product.
Required Rate of Return
The minimum expected return on an investment necessary for it to be considered a worthwhile endeavor.
Economic Value
The value of an asset derived from its ability to generate income, benefits, or utility for its owner.
Reference Value
A baseline number or set of numbers used for comparison purposes in analysis.
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