Examlex
Database management systems DBMS) are computer programs used to manage additions, updates, and deletions of data in a database as transactions occur; and support data queries and reporting.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, determined by the proportion of fixed versus variable costs a company has.
Operating Income
Earnings from a company’s core business operations, excluding deductions for interest and taxes.
Variable Costs
Costs that fluctuate in direct proportion to changes in levels of production or sales volumes.
Fixed Costs
Financial obligations like rent, wages, and insurance that are stable and do not vary with the level of goods manufactured or sold.
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