Examlex
Match the key genetic terms to their definitions.
-Present at birth
Net Operating Income
The income generated from a company's core business operations, excluding expenses such as interest and taxes.
Operations
Tasks associated with the daily operations of a company aimed at generating value for stakeholders.
Absorption Costing
A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overheads - in the cost of a unit of product.
Gross Margin
The difference between the revenue generated from sales and the cost of goods sold, representing the profit made before accounting for operating expenses.
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