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Which accounting principle stipulates that dividends should only be paid out of profit,not by issuing new share capital?
Batch Size
The amount of production in units of product that is produced after a setup.
Prevention Costs
Expenses incurred to avoid or minimize the number of defects in products before they reach the customer.
Appraisal Costs
Costs associated with measuring and monitoring activities to ensure quality or compliance with standards, typically including testing and inspections.
Non-Value-Added Activities
Operations or tasks that consume resources or time but do not add any value to the product or service from the customer's perspective.
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