Examlex
In the PRS country composite risk ratings a score of ______ represents the least risky and a score of _____ represents the most risky.
Net Sales
Sales revenue less sales returns and allowances and less sales discounts.
High-Low Method
A technique used in management accounting and cost accounting to split fixed and variable costs based on the highest and lowest levels of activity.
Mixed Cost
Expenses that have both a fixed and variable component, changing with the level of activity.
Variable Cost
Costs that vary directly with the level of production or with the volume of output.
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