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For a theory to be useful in practice,nurses need to validate the theory by:
Variable Cost
Expenses that change in direct relation to production levels or sales figures.
Depreciation Expense
The methodical distribution of the expense of a physical asset throughout its expected lifespan.
Net Income
Net income is the total profit of a company after all expenses and taxes have been deducted from revenues, indicating the company's financial performance over a specific period.
Variable Costs
Costs that change in proportion to the level of activity or production volume, such as materials and labor.
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