Examlex
Process thinking is the traditional way of viewing an organization by function.
Cash Receipts
The collection of money, typically in the form of cash or checks, by a business from its customers for goods or services provided.
Cash Disbursements
Outflows of cash for expenses, purchase of assets, or repayment of debt by a business within a given period.
Manufacturing Overhead Budget
A financial plan that estimates the expected costs related to manufacturing overhead for a specific period.
Variable Overhead Rate
A financial metric that represents the costs that vary with production levels in manufacturing, calculated as variable overhead costs divided by a measure of activity.
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