Examlex
A certificate of deposit is a type of promissory note.
Variable Costing
An accounting technique that considers only variable costs - those that vary with production levels - when calculating the cost of producing goods.
Net Operating Income
The earnings a business retains following the subtraction of operational costs, not including interest and taxes.
Net Operating Income
The financial gain a company receives from its essential business operations, prior to the removal of interest and tax costs.
Variable Costing
Variable costing is an accounting method that only includes variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of a product.
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