Examlex
If an employee needs to change the details of a specific customer order, he/she would use OLTP (online transaction processing).
Manufacturing Margin
The difference between the sales revenue of manufactured goods and the direct costs associated with producing them.
Contribution Margin
The difference between the sales revenue of a product and its variable costs, used to cover fixed costs and generate profit.
Absorption Costing
A costing technique that incorporates all costs associated with production, including both fixed and variable expenses, into the product's price.
Income Increase
A rise in the amount of money earned from various sources, including work, investments, or business operations.
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