Examlex
Which of the following statements is false?
Units
In the context of production and inventory, units refer to the individual items or products counted for operational, accounting, or sales purposes.
Sales Commissions
Payments made to sales personnel based on the value or volume of sales they have made, usually a percentage of the sale price.
Net Operating Income
Calculated as revenues minus expenses, excluding taxes and interest, representing the profit generated from normal business operations.
Monthly Sales
The total revenue or the number of units sold by a business in one calendar month.
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