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______ Refers to the Management of the Direct Resources That

question 56

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______ refers to the management of the direct resources that are involved in the production system of a business organization.


Definitions:

Net Operating Income

A company's operating income after all operating expenses have been deducted from total revenue.

Variable Costing

A costing method that includes only variable costs - costs that vary with production levels - in the cost of goods sold and excludes fixed costs.

Net Operating Income

The profit generated from a company's everyday business operations, indicating the efficiency of management.

Net Operating Income

Income generated from a company's everyday business operations, excluding taxes and interest expenses.

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