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Provide a short answer to each of these questions.Be sure to fully explain your answer.
Discuss how Bernie Madoff and ashleymadison.com are illustrations of immoral management.
Net Income
The amount of profit left after all operating expenses, taxes, and costs have been subtracted from total revenue.
Variable Costs
Expenses that fluctuate with the level of output or sales, such as raw materials and direct labor.
Fixed Costs
Costs that do not vary with the level of production or sales, remaining constant regardless of business activity levels.
Variable Costs
Costs that vary directly with the level of production or the volume of services provided.
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