Examlex
The core of intelligence consists of general mental abilities in the areas of reasoning,problem-solving,knowledge, memory,and successful adaptation to one's surroundings,which is called
Reconcile
The process of ensuring that two sets of records or balances are in agreement, often used in accounting and finance to match financial accounts.
Variable Costing
An accounting method in which variable manufacturing costs are included in product costs, while fixed manufacturing costs are treated as expenses in the period they are incurred.
Net Operating Income
The profit a company generates from its regular, core business operations, excluding income from investments and after subtracting operating expenses.
Fixed Manufacturing Overhead
The sum of all the production costs that are not directly linked to the volume of production, such as salaries of managers and depreciation of equipment.
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