Examlex
A negligent person is liable only for the proximate results of his or her negligence.
Flexible Budget
A budget that adjusts or flexes for changes in the volume of activity, providing a more useful tool for performance evaluation than a static budget.
Other Expenses
Costs that are not directly related to the production of goods or services, such as administrative and marketing expenses.
Planning Budget
A financial plan created to estimate a company’s revenue, expenses, and cash flow for a specific future period.
Refurbishing Materials
Materials used in the process of renovating or restoring products to a like-new condition.
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