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The swim bladders of bony fishes
Profit
The financial gain achieved when the revenue from business activities exceeds the expenses, costs, and taxes involved in maintaining the operation.
Standard Costs
Predetermined costs for products or services, used as benchmarks for evaluating actual performance and cost control.
Step-Down Method
An allocation method used in cost accounting to assign costs in a hierarchical manner, from the highest level down to the lowest.
Personnel Department
A division within an organization responsible for managing human resources, including recruitment, employment, and workplace culture.
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