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Case 1-1
Sally is a very active real estate agent.She is looking to purchase a new computer so she can keep track of her client's accounts,access the Internet from anywhere in the city,and touch-up photos of real estate properties.
-Sally decides that she does not want to use a hard disk or other media for storing data,instructions,and information on the desktop she bought for her office.What can you tell her?
Performance Evaluation
The process of assessing and reviewing an employee's or an organization's performance against predetermined objectives or criteria.
Bottom-line Profit
The net income or the final profit figure after all expenses, taxes, and costs have been subtracted from total revenues.
Net Realisable Value Method
An accounting technique used to value inventory or assets, determining the estimated selling price in the ordinary course of business minus any costs necessary to make the sale.
By-product Revenue
Revenue generated from secondary products produced during the manufacturing process of a primary product.
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