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Describe two potential problems associated with transactional websites.
Net Operating Income
The profit generated from a company's core business operations, excluding deductions of interest and taxes.
Revenue and Spending Variance
The difference between actual and budgeted figures for both income and expenditures, respectively.
Flexible Budget
A budget that varies with levels of activity or output, allowing organizations to more accurately forecast costs and revenues over various levels of production.
Occupancy Expenses
Expenses related to occupying a space, including rent, utilities, and property insurance.
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